§ 13.1-778. Application to existing corporations
Unless otherwise provided, the provisions of this chapter shall apply to all domestic and foreign corporations existing at the time this chapter takes effect and their shareholders. The charter of every corporation heretofore or hereafter organized in this Commonwealth shall be subject to the provisions of this chapter. In the case of foreign corporations, the certificate of authority to transact business in this Commonwealth issued by the Commission under any prior act of this Commonwealth shall continue in effect subject to the provisions hereof.
(Code 1950, § 13.1-128; 1956, c. 428; 1959, Ex. Sess., c. 57; 1975, c. 500; 1985, c. 522.)
Sections: Previous 13.1-771 13.1-772 13.1-773 13.1-773.1 13.1-774 13.1-775 13.1-775.1 13.1-775.2 13.1-776 13.1-777 13.1-778 13.1-779 13.1-780 13.1-781 13.1-782 NextLast modified: April 2, 2009