CODE OF VIRGINIA

APPLICATION AND EFFECT OF ARTICLE (§ 13.1-783)

A. This article shall apply to all benefit corporations.

B. The existence of a provision of this article shall not of itself create an
implication that a contrary or different rule of law applies to a corporation
organized pursuant to the provisions of this chapter that is not a benefit
corporation. This article shall not affect a statute or rule of law that applies
to a corporation that is not a benefit corporation.

C. The specific provisions of this article shall control over the general
provisions of other articles of this chapter.

HISTORY: 2011, c. 698.