Chapter 9. Virginia Stock Corporation ActRead Chapter
- Article 1. General ProvisionsRead all
- § 13.1-601
- Short title
- § 13.1-602
- Reservation of power to amend or repeal
- § 13.1-603
- Definitions
- § 13.1-604
- Filing requirements
- § 13.1-604.1
- Filings with the Commission pursuant to reorganization
- § 13.1-605
- Issuance of certificate by Commission; recordation of documents
- § 13.1-606
- Effective time and date of document
- § 13.1-607
- Correcting filed articles
- § 13.1-608
- Evidentiary effect of copy of filed document
- § 13.1-609
- Certificate of good standing
- § 13.1-610
- Notices and other communications
- § 13.1-610.1
- Householding
- § 13.1-611
- Number of shareholders
- § 13.1-612
- Penalty for signing false document
- § 13.1-613
- Unlawful to transact or offer to transact business as a corporation unless authorized
- § 13.1-614
- Hearing and finality of Commission action; injunctions
- Article 1.1. Ratification of Defective Corporate ActionsRead all
- § 13.1-614.1
- Definitions
- § 13.1-614.2
- Defective corporate actions
- § 13.1-614.3
- Ratification of defective corporate actions
- § 13.1-614.4
- Action of ratification
- § 13.1-614.5
- Notice
- § 13.1-614.6
- Effect of ratification
- § 13.1-614.7
- Filings
- § 13.1-614.8
- Commission proceedings regarding validity of corporate actions
- Article 2. FeesRead all
- § 13.1-615
- Fees to be collected by Commission; application of payment; payment of fees prerequisite to Commission action; exceptions
- § 13.1-615.1
- Charter and entrance fees for corporations
- § 13.1-616
- Fees for filing documents or issuing certificates
- § 13.1-617
- Repealed
- Article 3. Formation of CorporationsRead all
- § 13.1-618
- Incorporators
- § 13.1-619
- Articles of incorporation
- § 13.1-620
- Special kinds of business
- § 13.1-621
- Issuance of certificate of incorporation
- § 13.1-622
- Liability for preincorporation transactions
- § 13.1-623
- Organization of corporation
- § 13.1-624
- Bylaws
- § 13.1-625
- Emergency bylaws
- Article 4. Purposes and PowersRead all
- § 13.1-626
- Purposes
- § 13.1-627
- General powers
- § 13.1-628
- Emergency powers
- § 13.1-629
- Lack of power to act
- Article 5. NameRead all
- § 13.1-630
- Corporate name
- § 13.1-631
- Reserved name
- § 13.1-632
- Registered name
- § 13.1-633
- Repealed
- Article 6. Office and AgentRead all
- § 13.1-634
- Registered office and registered agent
- § 13.1-635
- Change of registered office or registered agent
- § 13.1-636
- Resignation of registered agent
- § 13.1-637
- Service on corporation
- Article 7. Shares and DistributionsRead all
- § 13.1-638
- Authorized shares
- § 13.1-639
- Terms of class or series determined by board of directors
- § 13.1-640
- Issued and outstanding shares
- § 13.1-641
- Fractional shares
- § 13.1-642
- Subscription for shares before incorporation
- § 13.1-643
- Issuance of shares
- § 13.1-644
- Liability of shareholders and others
- § 13.1-645
- Share dividends
- § 13.1-646
- Share rights, options, warrants, and other awards
- § 13.1-647
- Form and content of certificates evidencing shares
- § 13.1-648
- Shares without certificates
- § 13.1-649
- Restriction on transfer of shares and other securities
- § 13.1-650
- Expense of issue
- § 13.1-651
- Shareholders' preemptive rights
- § 13.1-652
- Corporation's acquisition of its own shares
- § 13.1-653
- Distributions to shareholders
- Article 8. ShareholdersRead all
- § 13.1-654
- Annual meeting
- § 13.1-655
- Special meeting
- § 13.1-656
- Court-ordered meeting
- § 13.1-657
- Action without meeting
- § 13.1-658
- Notice of meeting
- § 13.1-659
- Waiver of notice
- § 13.1-660
- Record date for meeting
- § 13.1-660.1
- Conduct of the meeting
- § 13.1-660.2
- Remote participation in shareholders' meetings
- § 13.1-661
- Shareholders' list for meeting
- § 13.1-662
- Voting entitlement of shares
- § 13.1-663
- Proxies
- § 13.1-664
- Shares held by intermediaries and nominees
- § 13.1-664.1
- Inspectors of election
- § 13.1-665
- Corporation's acceptance of votes
- § 13.1-666
- Quorum and voting requirements for voting groups
- § 13.1-667
- Action by single and multiple voting groups
- § 13.1-668
- Modifying quorum or voting requirements
- § 13.1-669
- Voting for directors; cumulative voting
- § 13.1-669.1
- Judicial determination of corporate offices and review of elections and shareholder votes
- § 13.1-670
- Voting trusts
- § 13.1-671
- Voting agreements
- § 13.1-671.1
- Shareholder agreements
- § 13.1-672
- Repealed
- Article 8.1. Derivative Proceedings and Other Shareholder ActionsRead all
- § 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
- Article 9. Directors and OfficersRead all
- § 13.1-673
- Requirement for and duties of board of directors
- § 13.1-674
- Qualifications for directors or for nominees for director
- § 13.1-675
- Number and election of directors
- § 13.1-676
- Election of directors by certain classes or series of shares
- § 13.1-677
- Terms of directors generally
- § 13.1-678
- Staggered terms for directors
- § 13.1-679
- Resignation of directors
- § 13.1-680
- Removal of directors by shareholders
- § 13.1-681
- Repealed
- § 13.1-681.1
- Removal of directors by judicial proceeding
- § 13.1-682
- Vacancy on board of directors
- § 13.1-683
- Compensation of directors
- § 13.1-684
- Meetings of the board of directors
- § 13.1-685
- Action without meeting of board of directors
- § 13.1-686
- Notice of board of directors' meetings
- § 13.1-687
- Waiver of notice by director
- § 13.1-688
- Quorum and voting by directors
- § 13.1-689
- Committees
- § 13.1-690
- General standards of conduct for director
- § 13.1-690.1
- Director of open-end management investment company deemed disinterested
- § 13.1-691
- Director conflict of interests
- § 13.1-691.1
- Business opportunities
- § 13.1-692
- Liability for unlawful distributions
- § 13.1-692.1
- Limitation on liability of officers and directors; exception
- § 13.1-693
- Required officers
- § 13.1-694
- Duties of officers
- § 13.1-695
- Resignation and removal of officers
- Article 10. IndemnificationRead all
- § 13.1-696
- Definitions
- § 13.1-697
- Authority to indemnify
- § 13.1-698
- Mandatory indemnification
- § 13.1-699
- Advance for expenses
- § 13.1-700
- Repealed
- § 13.1-700.1
- Court orders for advance, reimbursement, or indemnification
- § 13.1-701
- Determination and authorization of indemnification
- § 13.1-702
- Advance for expenses and indemnification for officers
- § 13.1-703
- Insurance
- § 13.1-704
- Application of article
- Article 11. Amendment of Articles of Incorporation and BylawsRead all
- § 13.1-705
- Authority to amend articles of incorporation
- § 13.1-706
- Amendment of articles of incorporation by the board of directors
- § 13.1-707
- Amendment of articles of incorporation by the board of directors and shareholders
- § 13.1-708
- Voting on amendments by voting groups
- § 13.1-709
- Amendment of articles of incorporation by incorporators
- § 13.1-710
- Articles of amendment
- § 13.1-711
- Restated articles of incorporation
- § 13.1-712
- Repealed
- § 13.1-712.1
- Abandonment of amendment or restatement of articles of incorporation
- § 13.1-713
- Effect of amendment of articles of incorporation
- § 13.1-714
- Amendment of bylaws by board of directors or shareholders
- § 13.1-715
- Bylaw provisions increasing quorum or voting requirements for the board of directors
- Article 12. Mergers and Share ExchangesRead all
- § 13.1-715.1
- Definitions
- § 13.1-716
- Merger
- § 13.1-717
- Share exchange
- § 13.1-718
- Action on a plan of merger or share exchange
- § 13.1-719
- Merger between parent and subsidiary or between subsidiaries
- § 13.1-719.1
- Formation of a holding company
- § 13.1-720
- Articles of merger or share exchange
- § 13.1-721
- Effect of merger or share exchange
- Article 12.1. DomesticationRead all
- § 13.1-721.1
- Abandonment of a merger or share exchange
- § 13.1-722
- Repealed
- § 13.1-722.1:1
- Definitions
- § 13.1-722.2
- Domestication
- § 13.1-722.3
- Action on a plan of domestication of a domestic corporation
- § 13.1-722.4
- Repealed
- § 13.1-722.5
- Articles of domestication; effectiveness
- § 13.1-722.6
- Amendment of plan of domestication; abandonment
- § 13.1-722.7
- Repealed
- § 13.1-722.7:1
- Effect of domestication
- Article 12.2. ConversionRead all
- § 13.1-722.8
- Definitions
- § 13.1-722.9
- Conversion
- § 13.1-722.10
- Plan of conversion
- § 13.1-722.11
- Action on plan of conversion
- § 13.1-722.12
- Articles of conversion; effectiveness
- § 13.1-722.12:1
- Amendment of plan of conversion; abandonment
- § 13.1-722.13
- Effect of conversion
- § 13.1-722.14
- Repealed
- Article 13. Disposition of AssetsRead all
- § 13.1-723
- Disposition of assets not requiring shareholder approval
- § 13.1-724
- Shareholder approval of certain dispositions
- Article 14. Affiliated TransactionsRead all
- § 13.1-725
- Definitions
- § 13.1-725.1
- Affiliated transactions
- § 13.1-726
- Voting requirements for affiliated transactions
- § 13.1-726.1
- Determination by disinterested directors
- § 13.1-727
- Exceptions
- § 13.1-727.1
- Nonexclusivity
- § 13.1-728
- Repealed
- Article 14.1. Control Share AcquisitionsRead all
- § 13.1-728.1
- Definitions
- § 13.1-728.2
- Application
- § 13.1-728.3
- Voting rights
- § 13.1-728.4
- Control share acquisition statement
- § 13.1-728.5
- Meeting of shareholders
- § 13.1-728.6
- Notice to shareholders
- § 13.1-728.7
- Redemption
- § 13.1-728.8
- Appraisal rights
- § 13.1-728.9
- Nonexclusivity
- Article 15. Appraisal Rights and Other RemediesRead all
- § 13.1-729
- Definitions
- § 13.1-730
- Right to appraisal
- § 13.1-731
- Assertion of rights by nominees and beneficial owners
- § 13.1-732
- Notice of appraisal rights
- § 13.1-733
- Notice of intent to demand payment
- § 13.1-734
- Appraisal notice and form
- § 13.1-735
- Repealed
- § 13.1-735.1
- Perfection of rights; right to withdraw
- § 13.1-736
- Repealed
- § 13.1-737
- Payment
- § 13.1-738
- After-acquired shares
- § 13.1-739
- Procedure if shareholder dissatisfied with payment or offer
- § 13.1-740
- Court action
- § 13.1-741
- Court costs and counsel fees
- § 13.1-741.1
- Limitations on other remedies for fundamental transactions
- Article 16. DissolutionRead all
- § 13.1-742
- Dissolution by directors and shareholders
- § 13.1-743
- Articles of dissolution
- § 13.1-744
- Revocation of dissolution
- § 13.1-745
- Effect of dissolution
- § 13.1-746
- Known claims against dissolved corporation
- § 13.1-746.1
- Other claims against dissolved corporation
- § 13.1-746.2
- Court proceedings
- § 13.1-746.3
- Director duties
- § 13.1-747
- Grounds for judicial dissolution
- § 13.1-748
- Receivership or custodianship
- § 13.1-749
- Decree of dissolution
- § 13.1-749.1
- Election to purchase in lieu of dissolution
- § 13.1-750
- Articles of termination of corporate existence
- § 13.1-751
- Termination of corporate existence by incorporators or initial directors
- § 13.1-752
- Automatic termination of corporate existence
- § 13.1-753
- Involuntary termination of corporate existence
- § 13.1-754
- Reinstatement of a corporation that has ceased to exist
- § 13.1-755
- Survival of remedy after termination of corporate existence
- § 13.1-756
- Repealed
- Article 17. Foreign CorporationsRead all
- § 13.1-757
- Authority to transact business required
- § 13.1-758
- Consequences of transacting business without authority
- § 13.1-759
- Application for certificate of authority
- § 13.1-760
- Amended certificate of authority
- § 13.1-761
- Effect of certificate of authority
- § 13.1-762
- Corporate name of foreign corporation
- § 13.1-763
- Registered office and registered agent of foreign corporation
- § 13.1-764
- Change of registered office or registered agent of a foreign corporation
- § 13.1-765
- Resignation of registered agent of foreign corporation
- § 13.1-766
- Service of process on foreign corporation
- § 13.1-766.1
- Merger of foreign corporation authorized to transact business in Commonwealth
- § 13.1-766.2
- Conversion of foreign corporation authorized to transact business in Commonwealth
- § 13.1-767
- Withdrawal of foreign corporation
- § 13.1-768
- Automatic revocation of certificate of authority
- § 13.1-768.1
- Repealed
- § 13.1-769
- Involuntary revocation of certificate of authority
- § 13.1-769.1
- Reinstatement of a foreign corporation's certificate of authority that has been withdrawn or revoked
- Article 18. Records and ReportsRead all
- § 13.1-770
- Corporate records
- § 13.1-771
- Inspection of records by shareholders
- § 13.1-772
- Scope of inspection right
- § 13.1-773
- Court-ordered inspection
- § 13.1-773.1
- Inspection of records by directors
- § 13.1-774
- Financial statements for shareholders
- § 13.1-775
- Annual report of domestic and foreign corporations
- § 13.1-775.1
- Annual registration fees to be paid by domestic and foreign corporations; penalty for failure to pay timely
- § 13.1-775.2
- Collection of unpaid bills for registration fees
- Article 19. Proceeding for Determination of ShareholdersRead all
- § 13.1-776
- Definitions
- § 13.1-777
- Institution of proceeding to determine shareholders
- Article 20. Transition ProvisionsRead all
- § 13.1-778
- Application to existing corporations
- § 13.1-779
- Savings provision
- § 13.1-780
- Repealed
- Article 21. Miscellaneous ProvisionsRead all
- § 13.1-781
- Property title records
- Article 22. Benefit CorporationsRead all
- § 13.1-782
- Definitions
- § 13.1-783
- Application and effect of article
- § 13.1-784
- Formation of benefit corporations
- § 13.1-785
- Election of status after formation
- § 13.1-786
- Termination of status
- § 13.1-787
- Corporate purposes
- § 13.1-788
- Standard of conduct for directors
- § 13.1-789
- Limitation upon liability of officers
- § 13.1-790
- Right of action
- § 13.1-791
- Annual benefit report
- § 13.1-792
- Reserved
