Alabama Statutes
§ 10A-2A-7.45 — Stay of Proceedings
Alabama § 10A-2A-7.45
JurisdictionAlabama
Title 10AAlabama Business and Nonprofit Entities Code
Ch. 2AAlabama Business Corporation Law
Art. 7Stockholders
Div. DDerivative Proceedings
This text of Alabama § 10A-2A-7.45 (Stay of Proceedings) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 10A-2A-7.45 (2026).
Text
For the purpose of allowing the corporation time to undertake an inquiry into the allegations made in the demand or complaint commenced pursuant to this division, the court may stay any derivative action for the period the court deems appropriate.
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Legislative History
(Act 2019-94, §1.)
Nearby Sections
15
§ 10A-1-1.01
Short Title§ 10A-1-1.02
Applicability of Chapter§ 10A-1-1.03
Definitions§ 10A-1-1.04
Disinterested Person§ 10A-1-1.05
Conspicuous Information§ 10A-1-1.06
Synonymous Terms§ 10A-1-1.07
Signing of Document or Other Writing§ 10A-1-1.08
Short Titles§ 10A-1-1.09
Reference in Law to Statute Revised by Title§ 10A-1-1.10
Reservation of Power§ 10A-1-1.11
Law Governing Filing Entities§ 10A-1-1.12
Entities Not Formed by Filing Instrument§ 10A-1-1.13
Internal Affairs§ 10A-1-2.01
General Scope of Permissible Purposes§ 10A-1-2.02
Prohibited PurposesCite This Page — Counsel Stack
Bluebook (online)
Alabama § 10A-2A-7.45, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/10A-2A-7.45.