Incorporation; Certificate of Authority; Corporate Administration | Midpage

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Code of Virginia

Article 2

Incorporation; Certificate of Authority; Corporate Administration

6.2-1114Application of Virginia Stock Corporation Act and Virginia Nonstock Corporation Act 6.2-1115Formation of state savings institutions 6.2-1116Corporation name 6.2-1117Par value of shares; payment of shares; reacquisitions of shares or acceptance thereof as security; how subscriptions to stock to be paid; disposition of money received before institution opens; stock option plans 6.2-1118Certificate of authority to do business 6.2-1119Commissions and other fees for sale of stock not permitted 6.2-1120Minimum capital requirement 6.2-1121Board of directors 6.2-1122Meetings of board of directors 6.2-1123Notice of meetings of members; determining members entitled to notice or to vote 6.2-1124Voting rights; proxies 6.2-1125Access to books and records; communication with members 6.2-1126Audit of savings institution; report 6.2-1127Bonds of officers and employees 6.2-1128Loans to executive officers or directors 6.2-1129Overdrafts by savings institution officers, directors or employees 6.2-1130Reserves; surplus and undivided profits 6.2-1131Liability of members of mutual savings institutions 6.2-1132Mutual capital certificates