Derivative Actions

This is Article 8 of the Code of Virginia, titled “Derivative Actions.” It is part of Title 13.1, titled “Corporations.” It is part of Chapter 12, titled “Virginia Limited Liability Company Act.” It’s comprised of the following 4 sections.

§ 13.1-1042
Right of action; standing; condition precedent; stay of proceeding
§ 13.1-1043
Proper plaintiff
§ 13.1-1044
§ 13.1-1045