This is an Individal Credit Application for an individual seeking to obtain credit for a purchase. It includes provisions for re-payment with interest, default provisions, disclaimer of warranties by the Seller and permission for Seller to obtain personal information about purchaser from government agencies, if necessary.
The Virginia Waiver of 1st Meeting of Stockholders is a legal document that allows a corporation in Virginia to waive the requirement of holding a first meeting of stockholders. This waiver is typically issued by the board of directors of the corporation. In corporate law, the first meeting of stockholders is usually held to elect the directors and officers of the corporation, and to discuss and approve other important matters pertaining to the corporation. However, in certain situations, it may be deemed unnecessary or impractical to hold this initial meeting. The Virginia Waiver of 1st Meeting of Stockholders can be categorized into two types: 1. Unanimous Written Consent: This type of waiver is obtained when all the stockholders of the corporation agree, in writing, to waive the first meeting. The written consent must be signed by all the stockholders and should clearly state the purpose of the waiver. 2. Majority Written Consent: In some cases, not all stockholders may be available or agree to waive the first meeting. In such situations, the majority of stockholders, representing more than 50% of the voting power, may decide to waive the first meeting through a written consent. This allows the corporation to move forward without convening a physical meeting. The Virginia Waiver of 1st Meeting of Stockholders must include certain key details, such as the name of the corporation, the purpose of the waiver, the date of the consent, and the signatures of either all stockholders or the majority of stockholders, depending on the type of waiver used. It is important to note that while the waiver eliminates the need for a physical meeting, it does not exempt the corporation from fulfilling other legal requirements. These may include the filing of necessary documents with the state authorities, adhering to corporate governance rules, and maintaining proper record-keeping. Overall, the Virginia Waiver of 1st Meeting of Stockholders — Corporate Resolutions serves as a legal tool for corporations in Virginia, allowing them to streamline and simplify the initial meeting process, provided all relevant legal requirements are met.
