Vermont § 4131 - Direct action by member

Full text of Vermont Vermont Statutes Online § 4131 — Direct action by member, with citation guidance and answers to common questions.

§ 4131. Direct action by member

  • (a) Subject to subsection (b) of this section, a member may maintain a direct action against
    another member, a manager, or the limited liability company to enforce the member’s
    rights and protect the member’s interests, including rights and interests under the
    operating agreement, under this title, or arising independently of the membership
    relationship. (b) A member who maintains a direct action under this section must prove an actual or
    threatened injury to the member that is not solely the result of an injury suffered
    or threatened to be suffered by the limited liability company. (Added 2015, No. 17, § 2.)

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Frequently Asked Questions About Vermont § 4131

What does Vermont Statutes Online § 4131 cover?

Section 4131 ("Direct action by member") 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 § 4131?

A common citation format is "Vermont Statutes Online § 4131" (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 § 4131 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.