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. Source: SL 2005, ch 239 , § 126.
SDCL § 47-1A-743 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.
SDCL § 47-1A-743
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. Source: SL 2005, ch 239 , § 126.