N.C. Gen. Stat. § 55-7-43

Stay of proceedings.

Last amended: 1995Year: 2026Length: 37 wordsOfficial source
§ 55-7-43. Stay of proceedings. If the corporation commences an inquiry into the allegations set forth in the demand or complaint, the court may stay a derivative proceeding for a period of time the court deems appropriate.
N.C. Gen. Stat. § 55-7-43: Stay of proceedings. | Justis AI