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Virginia Waiver of Special Meeting of Board of Directors - Corporate Resolutions

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This is a Business Credit Application for an individual seeking to obtain credit for a purchase from a business. It includes provisions for re-payment with interest, default provisions, disclaimer of warranties by the Seller and retention of title for goods sold on credit by the Seller.

A Virginia Waiver of Special Meeting of Board of Directors — Corporate Resolutions is a legal document that allows the board of directors of a corporation in the state of Virginia to waive the requirement of holding a special meeting to discuss and vote on a particular matter. This waiver allows the board to take action without physically convening a meeting, saving time and effort. The waiver is typically executed when all the directors of the corporation agree in writing to forgo the special meeting and instead adopt a corporate resolution without a physical gathering. This can be a more efficient way of making important decisions, especially when time is of the essence or when all directors are not available for a meeting. Keywords: Virginia, Waiver, Special Meeting, Board of Directors, Corporate Resolutions, legal document, corporation, convene, vote, matter, action, written agreement, efficient, important decisions, time-sensitive, availability. Different types of Virginia Waiver of Special Meeting of Board of Directors — Corporate Resolutions may vary depending on the purpose or nature of the resolution being waived. However, the basic structure and requirements of the waiver remain the same. It is essential to tailor the waiver to the specific needs and circumstances of the corporation. Some potential variations of the Virginia Waiver of Special Meeting of Board of Directors — Corporate Resolutions include: 1. Emergency Resolution Waiver: This type of waiver is used when an urgent matter requires immediate attention by the board of directors. The waiver allows the directors to expedite the decision-making process and take prompt action. 2. Routine Matters Waiver: In cases where the decision being made is a routine or non-controversial matter, such as the approval of routine financial reports or administrative tasks, the directors may choose to waive the requirement of a special meeting to save time and resources. 3. Director Availability Waiver: If a significant number of directors are unable to attend a special meeting due to scheduling conflicts or other reasons, the board may choose to waive the meeting and adopt a resolution through a written agreement instead. 4. Time-Sensitive Transactions Waiver: When a time-sensitive transaction is at stake, such as the approval of a time-sensitive contract or the acceptance of a time-limited offer, the directors may opt to waive the special meeting requirement to ensure timely action. It is important to consult with legal counsel to determine the appropriate type of waiver to use and to ensure compliance with Virginia state laws and corporate governance best practices.

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FAQ

If there's not enough time for a formal meeting notice, directors can opt to sign a waiver and hold the meeting without notice. The waiver ensures that all directors agree to hold the meeting and abide by the actions that take place.

A. If the time and place of a directors' meeting is fixed by the bylaws or the board of directors, the meeting is a regular meeting. All other meetings are special meetings.

In addition to specifying the date, time, and location of the meeting, special meeting notices should make note of all agenda items. Unless the bylaws indicate something different, board members should only be discussing the business that was stated in the notice for the special meeting.

Those calling the special meeting must give notice thereof, in writing, stating the time, place and purpose of the meeting to the remaining Board members by mail at least 48 hours before the meeting, or by personal service at least 24 hours before the meeting.

As you complete your notice of meeting, you will need to include the following information:Meeting type (e.g. regular, annual, special, or other)Meeting participants (e.g. shareholders, board of directors, members, board of managers, or others)Meeting date and time.Location.Any dial-in telephone number for attendance.More items...

How to Write a ResolutionFormat the resolution by putting the date and resolution number at the top.Form a title of the resolution that speaks to the issue that you want to document.Use formal language in the body of the resolution, beginning each new paragraph with the word, whereas.More items...?16-Jun-2021

The Brown Act requires that agendas for regular meetings be posted at least 72 hours before the meeting begins, to give the public time to see the notice and plan to attend. Special Meetings are held to deal with specific business so urgent it cannot wait till the next regularly scheduled meeting.

A special meeting is any meeting other than a regular or emergency meeting. An emergency meeting is one called because of generally unexpected circumstances that require immediate consideration by the public body. G.S. § 143-318.12(b)(3).

At a special meeting, members can discuss only the business that was stated in the notification (which is referred to as the call to the meeting). If some emergency business is transacted for which no notice was given, the organization must ratify that business at a regular meeting or at another special meeting.

"Special meetings" of the board can be held between regular meetings to conduct business that cannot wait until the next regularly scheduled board meeting. Boards are required to give notice of special meetings and allow member attendance at such meetings.

More info

Regular meeting, until the business of the Board is complete. (Virginiapresent at the special meeting or if all members sign a waiver for the notice. Special meetings of the board require ?four days' notice by first-class mail or 48 hours' notice delivered personally or by telephone, including a voice ...Special meetings of members may be requested by the President and shall be called as directed by the affirmative resolution of a majority of the Board of ... A notice of meeting is a written document that informs a board of directors and other members of a company that a shareholders meeting, or corporate action, ... We, the undersigned, being all of the Directors of the Corporation, hereby agree and consent that a special meeting of the Board of Directors of the ... The meeting agenda can focus on a variety of things, such as: Electing members to the board of directors; Approving an accounting firm to review the company ... If the membership meeting has been called by petition of the members, the date is set by the board and may not be less than 35 nor more than 90 days from ... Without the Commonwealth of Virginia as the Board of Directors may, from time to time,Special meetings of Executive Members may be called at any time. The role of the board of directors of a not-for-profit organizationtechnology for certain meetings, notices, waivers, proxies and other ... A person appointed to fill a vacancy may be appointed to serve two additional terms. Board Room and Meetings. The Virginia Port Authority Board of Commissioners ...

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Virginia Waiver of Special Meeting of Board of Directors - Corporate Resolutions