Mass. Gen. Laws ch. 156D § 7.43

Current with Act changes effective as of September 9, 2024

Section 156D:7.43 - 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 a period as the court considers appropriate.

Mass. Gen. Laws ch. 156D, § 7.43

Added by Acts 2003, c. 127, § 17, eff. 7/1/2004.