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§ 79-4-7-43 — Mississippi Law | CourtGPT
  1. Home/
  2. Laws/
  3. Mississippi/
  4. Title 79 - Corporations, Associations, and Partnerships/
  5. Chapter 4 - Mississippi Business Corporation Act/
  6. Article 7 - Shareholders Sub/
  7. Subarticle D - Derivative Procedures/
  8. § 79-4-7-43
Mississippi Legal Code

§ 79-4-7-43

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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.Laws, 1993, ch. 368, § 6, eff. 7/1/1993.