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Form a Business

Stay of proceedings.

G.S. 55-7-43
in effect
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§ 55-7-43.  Stay of proceedings. If the corporation commences an inquiry into the allegations set forth in the demand or complaint, the court may stay a derivative proceeding for a period of time the court deems appropriate. (1995, c. 149, s. 1.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55/GS_55-7-43.htmlFetched: 10/19/2026

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