78034413.1-691.1Virginia Decodedhttps://vacode.org2016CorporationsVirginia Stock Corporation ActDirectors And OfficersBusiness opportunities2005, c. 765.http://law.lis.virginia.gov/vacode/13.1-691.1//13.1-691.1/13.1/9/9/13.1-691.1In any proceeding seeking equitable relief or other remedies, based upon an alleged improper taking advantage of a business opportunity by a director, the fact that the director did not employ one of the procedures described in subsection A before taking advantage of the opportunity shall not create an inference that the opportunity should have been first presented to the corporation or alter the burden of proof otherwise applicable to establish that the director breached a duty to the corporation in the circumstances.sectionBB1