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The members may remove one or more directors with or without cause, unless the articles of incorporation provide that directors may be removed only with cause. B. If a director is elected by a voting group of members, only the members of that voting group may participate in the vote to remove him.
Terms of directors generally. A. In the absence of a provision in the articles of incorporation fixing a term of office, the term of office for a director shall be one year.
Bylaws. A. The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.
The bylaws of a company are the internal rules that govern how a business is run. They're set out in a formal written document adopted by a corporation's board of directors and summarize important procedures related to decision-making and voting.
Corporate bylaws are legally required in Virginia. The law doesn't specify when bylaws must be adopted, but usually this happens at the organizational meeting.