2006 Code of Virginia § 13.1-884 - Authority to amend articles of incorporation

13.1-884. Authority to amend articles of incorporation.

A. A corporation may amend its articles of incorporation at any time to addor change a provision that is required or permitted in the articles or todelete a provision not required in the articles. Whether a provision isrequired or permitted in the articles of incorporation is determined as ofthe effective date of the amendment.

B. A member of the corporation does not have a vested property rightresulting from any provision in the articles of incorporation, includingprovisions relating to management, control, capital structure, purpose, orduration of the corporation.

(Code 1950, 13.1-235; 1956, c. 428; 1985, c. 522.)

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