Vermont § 1303 Pleading

Vermont Statutes

§ 1303 — Pleading

Vermont § 1303

Title 11CTitle 11C: Mutual Benefit Enterprises

Ch. 13Article 013: Action by Member

This text of Vermont § 1303 (Pleading) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 11C, § 1303 (2026).

Text

In a derivative action to enforce a right of a mutual benefit enterprise, the complaint shall state:

(1)the date and content of the plaintiff’s demand under subdivision 1301(1) of this title and the enterprise’s response;

(2)if 90 days have not expired since the demand, how irreparable harm to the enterprise would result by waiting for the expiration of 90 days; and

(3)if the enterprise agreed to bring an action demanded, that the action has not been brought within a reasonable time. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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In a derivative action to enforce a right of a mutual benefit enterprise, the complaint shall state:
(1) the date and content of the plaintiff’s demand under subdivision 1301(1) of this title and the enterprise’s response;
(2) if 90 days have not expired since the demand, how irreparable harm to the enterprise would result by waiting for the expiration of 90 days; and
(3) if the enterprise agreed to bring an action demanded, that the action has not been brought within a reasonable time. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)