Virginia Proposed Amendment to create a class of Common Stock that has 1-20th vote per share
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FAQ
The Code of Virginia is the official record of laws enacted by the Virginia General Assembly and signed by the Governor. These laws apply to everyone in the Commonwealth of Virginia. The Code of Virginia is organized into 67 Titles dealing with particular topics; Titles are organized into Chapters.
The Code of Virginia contains the laws passed by the General Assembly and signed by the Governor for the Commonwealth of Virginia. Updated July 1 to reflect the legislation passed during the previous session.
A. Where no shares of the corporation are issued and outstanding, a corporation's board of directors may adopt an amendment of the corporation's articles of incorporation without shareholder approval.
Corporate act means any actual or alleged act, error, omission, misstatement, misleading statement, neglect or breach of duty by the COMPANY involving a SECURITIES LAW VIOLATION.
