Stay of proceeding.

N.J. Stat. § 14A:3-6.4
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026