CODE OF VIRGINIA

DISSOLUTION BY DIRECTORS (§ 13.1-903)

Where there are no members, or no members having voting rights, the dissolution
of the corporation shall be authorized at a meeting of the board of directors
upon the adoption of a resolution to dissolve by the vote of a majority of the
directors in office.

HISTORY: Code 1950, § 13.1-248; 1956, c. 428; 1985, c. 522.