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.
Fla. Stat. § 607.0743
Stay of proceedings
Known as the Florida Business Corporation Act
The act spans §§ 607–607 (263 sections).
History.--s. 75, ch. 2019-90.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.