§ 13.1-944. Controlling law and continuity
A. Upon the effective date of the certificate of amendment, the corporation shall be converted to a stock corporation, and thereafter be subject to the provisions of Chapter 9 (§ 13.1-601 et seq.) of this title.
B. The directors of the corporation at the time of conversion shall continue in office until their terms expire and new directors are elected by the shareholders.
(1989, c. 609.)
Sections: Previous 13.1-935.1 13.1-936 13.1-936.1 13.1-936.2 13.1-937 13.1-938 13.1-939 13.1-940 13.1-941 13.1-941.01 13.1-942 13.1-943 13.1-944 13.1-945 13.1-946 NextLast modified: April 16, 2009