Code of Virginia (Last Updated:July 28, 2020) |
TITLE 13.1. Corporations |
CHAPTER 9. Virginia Stock Corporation Act |
ARTICLE 22. Benefit Corporations |
SECTION 13.1-786. Termination of status |
A benefit corporation may terminate its status as such and cease to be subject to this article by amending its articles to delete the provision required by § 13.1-784 to be set forth in the articles of incorporation, which amendment shall be adopted in accordance with the procedures set forth in § 13.1-784 , or if no shares have yet been issued, in accordance with § 13.1-784 . 2011, c. 13.1-784 . |