Iowa Code 504.634 – Stay of proceedings
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 504.634
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Proceeding: includes a civil suit and criminal, administrative, or investigatory actions. See Iowa Code 504.141
If a corporation commences an inquiry into the allegations made in a demand or complaint, the court may stay any derivative proceeding for a period of time as the court deems appropriate.