Iowa Code § 490.743

Current through March 29, 2024

Section 490.743 - Stay of proceedings

If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for such period as the court deems appropriate.

Iowa Code § 490.743

2002 Acts, ch 1154, §26, 125; 2021 Acts, ch 165, § 81, 230

Amended by 2021 Iowa, ch 165, s 81, eff. 1/1/2022.

2002 Acts, ch 1154, §26, 125

Referred to in §490.747