Derivative Actions

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This is Article 8 of the Code of Virginia, titled “Derivative Actions.” It is part of Chapter 12 “Virginia Limited Liability Company Act”, which is part of Title 13.1 “Corporations”.

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 Pleading
§ 13.1-1045 Expenses