§ 13.1-686 — Notice of board of directors' meetings

Virginia § 13.1-686

• Jurisdiction: Virginia
• Title 13.1: CORPORATIONS
• Ch. 9: VIRGINIA STOCK CORPORATION ACT
• Art. 9: DIRECTORS AND OFFICERS

Text

A. Unless the articles of incorporation or bylaws provide otherwise, regular meetings of the board of directors may be held without notice of the date, time, place or purpose of the meeting.

B. Special meetings of the board of directors shall be held upon such notice as is prescribed in the articles of incorporation or bylaws, or when not inconsistent with the articles of incorporation or bylaws, by resolution of the board of directors. The notice need not describe the purpose of the special meeting unless required by the articles of incorporation or bylaws.

Legislative History

Code 1950, § 13.1-41; 1956, c. 428; 1975, c. 500; 1985, c. 522; 2002, c. 285; 2005, c. 765; 2010, c. 782.