{"data":{"id":"us-va/va.-code-13.1-1043","jurisdiction":"us-va","citation":"Va. Code § 13.1-1043","heading":"Proper plaintiff","body":"In a derivative action, the plaintiff shall be a member at the time of bringing the action and (i) shall have been a member at the time of the transaction of which he or it complains or (ii) his or its status as a member shall have devolved upon him or it by operation of law or pursuant to the terms of the articles of organization or an operating agreement from a person who was a member at the time of the transaction.1991, c. 168.","path":["Title 13.1. CORPORATIONS","Chapter 12. VIRGINIA LIMITED LIABILITY COMPANY ACT","Article 8. DERIVATIVE ACTIONS"],"source_url":"https://law.lis.virginia.gov/vacode/13.1-1043/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:14Z","sha256":"516bf47b91311189300e943303ab795175c8eaef6f4f504f8258f406072f7e9c","source_id":"us-va","stale":true,"prev":"us-va/va.-code-13.1-1042","next":"us-va/va.-code-13.1-1044"},"notice":"GroundRules: Original legal text. Not legal advice."}
