La. Corporations and Associations § 12:1-743

Current with changes from the 2024 Legislative Session

Section 12:1-743 - Stay of proceedings

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

La. Corporations and Associations § 12:1-743

Acts 2014, No. 328, §1, eff. Jan. 1, 2015.

Added by Acts 2014, No. 328,s. 1, eff. 1/1/2015.