Code of Virginia - Title 13.1 Corporations - Section 13.1-681 Judicial review of elections

§ 13.1-681. Judicial review of elections

Any shareholder aggrieved by an election of directors may, after reasonable notice to the corporation and each director whose election is contested, apply for relief to the circuit court in the county or city in which the principal office of the corporation is located, or, if none in this Commonwealth, in the county or city in which its registered office is located. The court shall proceed forthwith in a summary way to hear and decide the issues and thereupon to determine the persons elected or order a new election or grant such other relief as may be equitable. Pending decision the court may require the production of any information and may by order restrain any person from exercising the powers of a director if such relief is equitable.

(Code 1950, §§ 13-205, 13.1-42; 1956, c. 428; 1985, c. 522.)

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Last modified: April 2, 2009