§ 13.1-728.9. Nonexclusivity
Except as expressly provided in this article, neither the provisions of this article nor their application to any acquiring person shall limit actions that may be taken, or require the taking of any action, by the board of directors or shareholders with respect to any potential changes in control of any public corporation. In the case of any action taken or not taken by directors, the provisions of § 13.1-690 shall apply, and, in determining the best interests of the corporation, a director may consider the possibility that those interests may best be served by the continued independence of the corporation.
(1989, c. 14; 2005, c. 765.)
Sections: Previous 13.1-728.2 13.1-728.3 13.1-728.4 13.1-728.5 13.1-728.6 13.1-728.7 13.1-728.8 13.1-728.9 13.1-729 13.1-730 13.1-731 13.1-732 13.1-733 13.1-734 13.1-735 NextLast modified: April 16, 2009