Virginia Bylaws of Lorelei Corporation

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Multi-State
Control #:
US-EG-9007
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Word; 
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Description

This form is a detailed model for bylaws of a corporation. Bylaws are the rules by which a corporation will be operated. Adapt to fit your specific circumstances.
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  • Preview Bylaws of Lorelei Corporation
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FAQ

All corporate powers shall be exercised by or under the authority of, and the business and affairs of the corporation managed under the direction of, its board of directors, subject to any limitation set forth in the articles of incorporation or in an agreement authorized by § 13.1-852.1.

A. A board of directors shall consist of one or more individuals, with the number specified in or fixed in ance with the bylaws, or if not specified in or fixed in ance with the bylaws, with the number specified in or fixed in ance with the articles of incorporation.

Bylaws. A. The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.

A notice or other communication may be in the form of an electronic transmission that cannot be directly reproduced in paper form by the recipient through an automated process used in conventional commercial practice only if (i) the electronic transmission is otherwise retrievable in perceivable form and (ii) the ...

A corporation shall notify members of the date, time, and place, if any, of each annual and special members' meeting.

Unlike a stock corporation that issues shares of stock to investors who then become "owners" and are entitled to share in the corporation's profits, a nonstock corporation does not have any shareholders or "owners."

stock corporation is formed or organized for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes like trade industry, agricultural and like chambers, or any combination thereof, subject to the special provisions of this Title ...

§ 13.1-823. The bylaws of a corporation may contain any provision that is not inconsistent with law or the articles of incorporation.

stock corporation (or nonstock corporation) is a corporation that does not have owners represented by shares of stock, in contrast to a jointstock company. stock corporation typically has members who are the functional equivalent of shareholders in a stock corporation.

The corporation must have been dissolved voluntarily by filing articles of dissolution, and the dissolution must not have been revoked. The chairman or any vice-chairman of the board of directors, the president, or any other of its officers authorized to act on behalf of the corporation must sign the articles.

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Virginia Bylaws of Lorelei Corporation