Benefit Corporations.
This is Article 22 of the Code of Virginia, titled “Benefit Corporations..” It is part of Title 13.1, titled “Corporations.” It is part of Chapter 9, titled “Virginia Stock Corporation Act.” It’s comprised of the following 11 sections.
- § 13.1-782
- Definitions
- § 13.1-783
- Application and effect of article
- § 13.1-784
- Formation of benefit corporations
- § 13.1-785
- Election of status after formation
- § 13.1-786
- Termination of status
- § 13.1-787
- Corporate purposes
- § 13.1-788
- Standard of conduct for directors
- § 13.1-789
- Limitation upon liability of officers
- § 13.1-790
- Right of action
- § 13.1-791
- Annual benefit report
- § 13.1-792
- Repealed