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Mich. Comp. Laws § 450.1494

Stay of derivative proceeding; condition.

Michigan · Michigan Compiled Laws — BUSINESS CORPORATION ACT (Act 284 of 1972) · Status: effective

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Mich. Comp. Laws § 450.1494, Stay of derivative proceeding; condition, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363689
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If the corporation commences an investigation of the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period as the court considers appropriate.