Virginia – Bill Authorizes Board of Directors to Hold Shareholder Meetings by Remote Communication

Virginia – Bill Authorizes Board of Directors to Hold Shareholder Meetings by Remote Communication

June 9, 2017

House Bill 2230 (Chapter 646) signed by the governor March 20 and effective July 1 authorizes the board of directors of stock corporations to determine that any shareholder meetings may be held by remote communication if the articles of incorporation or bylaws do not require the meeting to be held at a place.