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§ 13-1-884 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 13-1-884

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A. A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles or to delete a provision not required in the articles. Whether a provision is required or permitted in the articles of incorporation is determined as of the effective date of the amendment.\nB. A member of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, purpose, or duration of the corporation.\nCode 1950, § 13.1-235; 1956, c. 428; 1985, c. 522.