Code of Virginia § 13.1-1232. Right of action.
46 words·~1 min read·
/va/title-13-1/chapter-14/13-1-1232·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
2002, c. 621 .