ARS § 10-3635. Discontinuance or settlement

ARS § 10-3635. Discontinuance or settlement2013-10-05T15:22:30+00:00

No derivative proceeding may be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation’s members or a class of members, the court shall direct that notice be given to the affected members.

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