Virginia § 13.1-728.6 Notice to shareholders

Virginia Statutes

§ 13.1-728.6 — Notice to shareholders

Virginia § 13.1-728.6

Title 13.1Corporations

Ch. 9Virginia Stock Corporation Act

Art. 14.1Control Share Acquisitions

This text of Virginia § 13.1-728.6 (Notice to shareholders) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 13.1-728.6 (2026).

Text

A.If a special meeting of shareholders is required to be called pursuant to § 13.1-728.5, notice of the special meeting shall be given by the public corporation to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting.

B.Notice of the special or annual shareholders' meeting at which the voting rights are to be considered shall include or be accompanied by the following:

1.A copy of the control share acquisition statement delivered pursuant to this article; and

2.A statement by the board of directors of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the granting of voting rights to shares acquired in the control share acquisition or the proposed control share

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A. If a special meeting of shareholders is required to be called pursuant to § 13.1-728.5, notice of the special meeting shall be given by the public corporation to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting.

B. Notice of the special or annual shareholders' meeting at which the voting rights are to be considered shall include or be accompanied by the following:

1. A copy of the control share acquisition statement delivered pursuant to this article; and

2. A statement by the board of directors of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the granting of voting rights to shares acquired in the control share acquisition or the proposed control share acquisition.