Va. Code § 13.1-676

Current with changes from the 2024 legislative session through ch. 845

Section 13.1-676 - Election of directors by certain classes or series of shares

If the articles of incorporation authorize dividing the shares into classes or series, the articles of incorporation may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes or series of shares. A class or series, or multiple classes or series, of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.

Va. Code § 13.1-676

Code 1950, § 13.1-37; 1956, c. 428; 1985, c. 522; 2019, c. 734.

Amended by Acts 2019 c. 734, § 1, eff. 7/1/2019.