West Virginia Statutes

§ 31E-1-150 — Chapter definitions

West Virginia·Ch. 31E WEST VIRGINIA NONPROFIT CORPORATION ACT·Art. 1 GENERAL PROVISIONS

As used in this chapter, unless the context otherwise requires a different meaning, the term:

(1)"Articles of incorporation" includes, but is not limited to, amended and restated articles of incorporation and articles of merger.
(2)"Authorized shares" means the shares of all classes a domestic or foreign corporation is authorized to issue.
(3)"Board" or "board of directors" means the group of persons vested with management of the affairs of the corporation irrespective of the name by which the group is designated.
(4)"Business corporation" means a corporation with capital stock or shares incorporated for profit.
(5)"Conspicuous" means written so that a reasonable person against whom the writing is to operate should have noticed, including, but not limited to, printing in italics

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Legislative History

2005 Reg. Sess., SB703; 2002 Reg. Sess., HB2899

Nearby Sections

15
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