Corporations; filing and meeting requirements. Eliminates the requirement that a document filed with the State Corporation Commission pursuant to the Virginia Stock Corporation Act include the terms, including the preferences, rights, and limitations, of each class or series of shares. The bill changes the timeframe during which a corporation must make available for inspection the shareholders list prepared for a shareholders' meeting from two business days after notice of such shareholders' meeting through such shareholders' meeting to five business days after notice of such shareholders' meeting through the close of business on the last business day before such shareholders' meeting. Finally, the bill eliminates the requirement that a corporation make available for inspection at either an in-person shareholders' meeting or a remote shareholders' meeting the list of shareholders entitled to vote at such shareholders' meeting. This bill is identical to HB 1477.

Statutes affected:
Senate: Prefiled and ordered printed; offered 01/11/23 23103034D: 13.1-604, 13.1-614, 13.1-661
Senate: Bill text as passed Senate and House (SB986ER): 13.1-604, 13.1-614, 13.1-661
Governor: Acts of Assembly Chapter text (CHAP0530): 13.1-604, 13.1-614, 13.1-661