Montana Code 35-2-1303. Stay of proceedings
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35-2-1303. Stay of proceedings. If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for any period the court considers appropriate.
Terms Used In Montana Code 35-2-1303
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Proceeding: includes a civil suit and a criminal, administrative, and investigatory action. See Montana Code 35-2-114