N.J.S.A. 14A:3-6.4

Stay of proceeding.

14A:3-6.4 Stay of proceeding. 4. If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding as the court deems appropriate. L.2013, c.42, s.4.

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This is the verbatim text of N.J.S.A. 14A:3-6.4, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 14A:3-6.4 — Stay of proceeding. | Kyzer