Virginia Statutes

§ 13.1-1232 — Right of action

Virginia § 13.1-1232
JurisdictionVirginia
Title 13.1CORPORATIONS
Ch. 14VIRGINIA BUSINESS TRUST ACT
Art. 7DERIVATIVE ACTIONS

This text of Virginia § 13.1-1232 (Right of action) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 13.1-1232 (2026).

Text

A beneficial owner may bring a derivative proceeding in the right of a business trust to the same extent, and in the same manner, that a shareholder may bring a derivative proceeding under Chapter 9 (§ 13.1-601 et seq.) of this title.

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Legislative History

2002, c. 621.

Nearby Sections

15
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Bluebook (online)
Virginia § 13.1-1232, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/13.1/13.1-1232.