HRS §414-174
Court can pause a shareholder lawsuit during an investigation
Read the official text at capitol.hawaii.gov ↗If a corporation starts looking into the claims in a shareholder's demand or complaint, the court can pause the lawsuit for as long as the court thinks is right. This gives the corporation time to investigate before the case moves forward.
courts
The statute, as written — Stay of proceedings
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period that the court deems appropriate.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.