Virginia

Decoded

  • Browse
  • About Us
  • Downloads
  • 13.1: Corporations
  • 12: Virginia Limited Liability Company Act
  • 5: Relationship Of Members To Each Other

Relationship Of Members To Each Other

This is Article 5 of the Code of Virginia, titled “Relationship Of Members To Each Other.” 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 9 sections.

§ 13.1-1022
Management of limited liability company
§ 13.1-1023
Operating agreement
§ 13.1-1023.1
Remedies for breach of operating agreement by member or manager
§ 13.1-1024
Management of a limited liability company by a manager or managers
§ 13.1-1024.1
General standards of conduct for a manager
§ 13.1-1025
Limitation of liability of members and managers; exception
§ 13.1-1026
Business transactions of members or managers with the limited liability company
§ 13.1-1027
Contributions
§ 13.1-1028
Information and records

All user-contributed content is owned by its authors. The laws are owned by the people and, consequently, are not governed by copyright—so do whatever you want with them. This website does not constitute legal advice. Only a lawyer can provide legal advice. While every effort is made to keep all information up-to-date and accurate, no guarantee is made as to its accuracy.

Powered by The State Decoded
Copyright 2011–2013 Waldo Jaquith
Design by Meticulous