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2021 Code of Virginia
Title 13.1 - Corporations
Chapter 10 - Virginia Nonstock Corporation Act
§ 13.1-850. Action by single and multiple voting groups
Universal Citation: VA Code § 13.1-850 (2021)
A. If the articles of incorporation or this Act provides for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in § 13.1-849.
B. If the articles of incorporation or this Act provides for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in § 13.1-849. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.
1985, c. 522; 2007, c. 925.
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