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.
N.H. Rev. Stat. Ann. § 293-A:7.43
Stay of Proceedings
Known as the New Hampshire Business Corporation Act
The act spans §§ 293-A:10.01 to 293-A:9.56 (230 sections).
Source. 2013, 142:1, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.