Code of Virginia (Last Updated:July 28, 2020) |
TITLE 13.1. Corporations |
CHAPTER 10. Virginia Nonstock Corporation Act |
ARTICLE 13. Dissolution |
SECTION 13.1-903. Dissolution by directors |
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. Code 1950, § 13.1-248; 1956, c. 428; 1985, c. 522. |