Iowa Code § 504.636
Current through March 29, 2024
A derivative proceeding shall not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of a corporation's member or class of members or director, the court shall direct that notice be given to the members or director affected.
Iowa Code § 504.636
2004 Acts, ch 1049, §51, 192
Referred to in §504.638, 504.810