Form with which the stockholders of a corporation waive the necessity of a first meeting of stockholders.
Form with which the stockholders of a corporation waive the necessity of a first meeting of stockholders.
The Virginia FOIA, often referred to as the open meetings law or Sunshine Law, requires that a meeting of three or more members of a public body discussing public business must provide notice before holding the session.
All public records and meetings shall be presumed open, unless an exemption is properly invoked. The provisions of this chapter shall be liberally construed to promote an increased awareness by all persons of governmental activities and afford every opportunity to citizens to witness the operations of government.
Upon finding a violation of the Open Meeting Law, the Attorney General may impose a civil penalty upon a public body of not more than $1,000 for each intentional violation.
§ 13.1-861. Pending decision, the court may require the production of any information and may by order restrain any person from exercising the powers of a director if such relief is equitable. Code 1950, § 13.1-221; 1956, c.
Open meeting or "public meeting" means a meeting at which the public may be present.
The term of a director elected by the board of directors to fill a vacancy expires at the next members' meeting at which directors are elected or, if there are no members or the corporation's members do not have voting rights, as provided in the articles of incorporation.
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.
Committees. A. Unless the articles of incorporation or bylaws provide otherwise, a board of directors may create one or more committees and appoint members of the board of directors to serve on them.
Amendment of articles of incorporation by directors. A. Where there are no members, or no members having voting rights, an amendment shall be adopted at a meeting of the board of directors upon receiving the vote of at least two-thirds of the directors in office.