Vermont § 1302 - Proper plaintiff
Full text of Vermont Vermont Statutes Online § 1302 — Proper plaintiff, with citation guidance and answers to common questions.
§ 1302. Proper plaintiff
- (a) A derivative action to enforce a right of a mutual benefit enterprise may be maintained
only by a person that: (1) is a member or a dissociated member at the time the action is commenced and: (A) was a member when the conduct giving rise to the action occurred; or (B) whose status as a member devolved upon the person by operation of law or the organic
rules from a person that was a member at the time of the conduct; and (2) adequately represents the interests of the enterprise. (b) If the sole plaintiff in a derivative action dies while the action is pending, the
court may permit another member who meets the requirements of subsection (a) of this
section to be substituted as plaintiff. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
Frequently Asked Questions About Vermont § 1302
What does Vermont Statutes Online § 1302 cover?
Section 1302 ("Proper plaintiff") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 1302?
A common citation format is "Vermont Statutes Online § 1302" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 1302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.