Virginia Code 13.1-709: Amendment of articles of incorporation by incorporators.
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If a corporation has not yet issued shares and it has no board of directors, its incorporators may adopt one or more amendments of the corporation’s articles of incorporation.
Terms Used In Virginia Code 13.1-709
- Articles of incorporation: means all documents constituting, at any particular time, the charter of a corporation. See Virginia Code 13.1-603
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Shares: means the units into which the proprietary interests in a corporation are divided. See Virginia Code 13.1-603
1985, c. 522; 2019, c. 734.