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.
Idaho Code § 30-29-743
Stay of proceedings
Known as the Idaho Business Corporation Act
The act spans §§ 30-29-1001 to 30-29-935 (209 sections).
I.C., § 30-29 -743, as added by 2015, ch. 243, § 62, p. 758.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.