Virginia

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  • 13.1: Corporations
  • 9: Virginia Stock Corporation Act
  • 7: Shares And Distributions

Shares And Distributions

This is Article 7 of the Code of Virginia, titled “Shares And Distributions.” 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 16 sections.

§ 13.1-638
Authorized shares
§ 13.1-639
Terms of class or series determined by board of directors
§ 13.1-640
Issued and outstanding shares
§ 13.1-641
Fractional shares
§ 13.1-642
Subscription for shares before incorporation
§ 13.1-643
Issuance of shares
§ 13.1-644
Liability for shares issued before payment
§ 13.1-645
Share dividends
§ 13.1-646
Share options
§ 13.1-647
Form and content of certificates evidencing shares and form of bonds
§ 13.1-648
Shares without certificates
§ 13.1-649
Restriction on transfer of shares and other securities
§ 13.1-650
Expense of issue
§ 13.1-651
Shareholders' preemptive rights
§ 13.1-652
Corporation's acquisition of its own shares
§ 13.1-653
Distributions to shareholders

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