Vt. Stat. Ann. tit. 11C, § 1304
Approval for discontinuance or settlement
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A derivative action to enforce a right of a mutual benefit enterprise may not be discontinued or settled without the court's approval.
A derivative action to enforce a right of a mutual benefit enterprise may not be discontinued or settled without the court’s approval.
Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.