Derivative Proceedings and Other Shareholder Actions

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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 contains 7 laws.

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