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Arizona Arizona Revised Statutes

§ 10-3633 — Stay of proceedings

ARS § 10-3633Title 10. Corporations and Associations · Ch. 29. MEMBERS AND MEMBERSHIP-NONPROFIT CORPORATIONS · Art. 4. Derivative Suits

Statute text

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10-3633. 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 such period as the court deems appropriate.

Source: Arizona Arizona Revised Statutes § 10-3633 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.