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2019 Code of Virginia
Title 13.1 - Corporations
Chapter 10 - Virginia Nonstock Corporation Act
§ 13.1-884. Authority to amend articles of incorporation
Universal Citation:
VA Code § 13.1-884 (2019)
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A. A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles or to delete a provision not required in the articles. Whether a provision is required or permitted in the articles of incorporation is determined as of the effective date of the amendment.
B. A member of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, purpose, or duration of the corporation.
Code 1950, ยง 13.1-235; 1956, c. 428; 1985, c. 522.
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