2021 Code of Virginia
Title 13.1 - Corporations
Chapter 9 - Virginia Stock Corporation Act
§ 13.1-676. Election of directors by certain classes or series of shares

Universal Citation: VA Code § 13.1-676 (2021)

If the articles of incorporation authorize dividing the shares into classes or series, the articles of incorporation may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes or series of shares. A class or series, or multiple classes or series, of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.

Code 1950, ยง 13.1-37; 1956, c. 428; 1985, c. 522; 2019, c. 734.

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