Derivative Proceedings and Other Shareholder Actions

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Article 8.1 of the Code of Virginia, titled “Derivative Proceedings and Other Shareholder Actions.” It is part of Chapter 9 “Virginia Stock Corporation Act”, which is part of Title 13.1 “Corporations”.

It’s comprised of the following 7 sections.

§ 13.1-672.1 Standing; condition precedent; stay of proceedings
§ 13.1-672.2 Discontinuance or settlement
§ 13.1-672.3 Foreign corporations
§ 13.1-672.4 Dismissal
§ 13.1-672.5 Payment of and security for expenses
§ 13.1-672.6 Shareholder action to appoint a custodian or receiver for a public corporation
§ 13.1-672.7 Shareholder defined