Maine Statutes

§ 13-C §754 — Stay of proceedings

Maine § 13-C §754
JurisdictionMaine
Title 13-CMAINE BUSINESS CORPORATION ACT
Ch. 7SHAREHOLDERS

This text of Maine § 13-C §754 (Stay of proceedings) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Me. Rev. Stat. tit. 13-C, § 13-C §754 (2026).

Text

If the corporation commences an inquiry into the allegations made in the complaint or demand under section 753, the court may stay any derivative proceeding for such period as the court considers appropriate.

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Legislative History

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).

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Bluebook (online)
Maine § 13-C §754, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/13-C%20%C2%A7754.