If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period that the court deems appropriate.
Haw. Rev. Stat. § 414-174
Stay of proceedings
Known as the Hawaii Business Corporation Act
The act spans §§ 414–414 (199 sections).
L 2000, c 244, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.