2006 Code of Virginia § 13.1-932 - Corporate records

13.1-932. Corporate records.

A. A corporation shall keep as permanent records minutes of all meetings ofits members and board of directors, a record of all actions taken by themembers or board of directors without a meeting, and a record of all actionstaken by a committee of the board of directors in place of the board ofdirectors on behalf of the corporation.

B. A corporation shall maintain appropriate accounting records.

C. A corporation or its agent shall maintain a record of its members, in aform that permits preparation of a list of the names and addresses of allmembers, in alphabetical order by class, if any.

D. A corporation shall maintain its records in written form or in anotherform capable of conversion into written form within a reasonable time.

E. A corporation shall keep a copy of the following records:

1. Its articles or restated articles of incorporation and all amendments tothem currently in effect;

2. Its bylaws or restated bylaws and all amendments to them currently ineffect;

3. Resolutions adopted by its board of directors creating one or more classesof members, and fixing their relative rights, preferences, and limitations;

4. The minutes of all members' meetings, and records of all action taken bymembers without a meeting, for the past three years;

5. All written communications to members generally within the past threeyears;

6. A list of the names and business addresses of its current directors andofficers; and

7. Its most recent annual report delivered to the Commission under 13.1-936.

(Code 1950, 13.1-228; 1956, c. 428; 1975, c. 500; 1985, c. 522.)