Stay of proceedings

La. Rev. Stat. § 12:1-743, under Corporations and Associations.

La. Rev. Stat. § 12:1-743

§1-743. Stay of proceedings If the corporation commences an inquiry into the allegations made in the demand or petition, the court may stay any derivative proceeding for such period as the court deems appropriate. Acts 2014, No. 328, §1, eff. Jan. 1, 2015.