Code of Virginia - Title 13.1 Corporations - Section 13.1-672.3 Foreign corporations

§ 13.1-672.3. Foreign corporations

Notwithstanding the provisions of §§ 13.1-672.1 and 13.1-672.4, in any derivative proceeding in the right of a foreign corporation, subject to the court's determination of whether the courts of the Commonwealth are a convenient forum for such a proceeding, determinations of (i) standing and satisfaction of conditions precedent to commencing and maintaining derivative proceedings and (ii) grounds for dismissal of derivative proceedings, shall be governed by the laws of the foreign corporation's state of incorporation.

(1992, c. 802; 2005, c. 765.)

Sections:  Previous  13.1-669  13.1-670  13.1-671  13.1-671.1  13.1-672  13.1-672.1  13.1-672.2  13.1-672.3  13.1-672.4  13.1-672.5  13.1-672.6  13.1-673  13.1-674  13.1-675  13.1-676  Next

Last modified: April 16, 2009