CODE OF VIRGINIA

ANNUAL MEETING (§ 13.1-838)

A. A corporation shall hold a meeting of members annually at a time stated in or
fixed in accordance with the bylaws.

B. Annual meetings of members may be held at such place, in or out of the
Commonwealth, as may be provided in the bylaws or, where not inconsistent with
the bylaws, in the notice of the meeting.

C. The failure to hold an annual meeting at the time stated in or fixed in
accordance with a corporation’s bylaws does not affect the validity of any
corporate action.

HISTORY: Code 1950, § 13.1-213; 1956, c. 428; 1975, c. 500; 1985, c. 522; 2007,
c. 925; 2012, c. 706.