First Stockholders Meeting For Arranged Marriage In Virginia
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FAQ
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.
§ 13.1-564. Unlawful cancellation of franchise; undue influence. It shall be unlawful for a franchisor to cancel a franchise without reasonable cause or to use undue influence to induce a franchisee to surrender any right given to him by any provision contained in the franchise.
Distributions to shareholders. A. The board of directors may authorize and the corporation may make distributions to its shareholders, subject to restriction by the articles of incorporation and the limitation in subsection C.
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.
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.
Unless otherwise provided in the articles of incorporation, a written demand for a special meeting may be revoked by a writing, including an electronic transmission, to that effect received by the corporation's secretary before the start of the special meeting.
Virginia FOIA gives the public the right to attend the meetings of public bodies, with exceptions for closed sessions discussed below. Virginia law does not limit access to meetings to a specific category of people or a profession, such as "the traditional press." Anyone may attend.
