Code of Virginia § 13.1-783. Application and effect of article.
96 words·~1 min read·
/va/title-13-1/chapter-9/13-1-783A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. This article shall apply to all benefit corporations.
B. The existence of a provision of this article shall not of itself create an implication that a contrary or different rule of law applies to a corporation organized pursuant to the provisions of this chapter that is not a benefit corporation. This article shall not affect a statute or rule of law that applies to a corporation that is not a benefit corporation.
C. The specific provisions of this article shall control over the general provisions of other articles of this chapter.
2011, c. 698 .