Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Any person, whether or not then a director, may provide that a consent to action as a director shall be effective at a future time, including the time when an event occurs, but such future time shall not be more than 60 days after such provision is made.
In most countries, a corporation has the same rights as a natural person to hold property, enter into contracts, and to sue or be sued. Granting non-human entities personhood is a Western concept applied to corporations.
Action without meeting. A. Action required or permitted by this chapter to be taken at a shareholders' meeting may be taken without a meeting if the action is taken by all the shareholders entitled to vote on the action, in which case no action by the board of directors shall be required.
Level I sentence credits shall be awarded to persons who participate in and cooperate with all programs to which the person is assigned pursuant to § 53.1-32.1 and who have no more than one minor correctional infraction and no serious correctional infractions as established by the Department's policies or procedures.
Each corporation other than a public service company, a banking corporation, an insurance corporation, a savings institution, or a credit union shall have power to enter into partnership agreements, joint ventures, or other associations of any kind with any person or persons.
Each corporation other than a banking corporation, an insurance corporation, a savings institution or a credit union shall have power to enter into partnership agreements, joint ventures or other associations of any kind with any person or persons.
§ 46.2-853. Driving vehicle which is not under control; faulty brakes. A person shall be guilty of reckless driving who drives a vehicle which is not under proper control or which has inadequate or improperly adjusted brakes on any highway in the Commonwealth.
General standards of conduct for director. A. A director shall discharge his duties as a director, including his duties as a member of a committee, in ance with his good faith business judgment of the best interests of the corporation.
7 Steps to dissolve your Corporation in Virginia: Step 1: Review your Corporation Operating Agreement and State Laws. Step 2: File the necessary dissolution documents. Step 3: Resolve outstanding debts and obligations. Step 4: Notify tax authorities an cancel licenses. Step 5: Distribute remaining assets to members.
In general, an employer who pays wages to one or more employees in Virginia is required to deduct and withhold state income tax from those wages. Since Virginia law substantially conforms to federal law, if federal law requires an employer to withhold tax from any payment, we also require Virginia withholding.