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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>71609</law_id><section_number>13.1-705</section_number><catch_line>Authority to amend articles of incorporation</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-309</reference><reference>13.1-604</reference><reference>13.1-614.2</reference><reference>13.1-614.4</reference><reference>13.1-741.1</reference><reference>38.2-1000</reference><reference>38.2-1016</reference><reference>38.2-1104</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="13.1">Corporations</unit><unit label="chapter" level="2" order_by="1" identifier="9">Virginia Stock Corporation Act</unit><unit label="article" level="3" order_by="1" identifier="11">Amendment of Articles of Incorporation and Bylaws</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> A <span class="dictionary">corporation</span> may <span class="dictionary">amend</span> its <span class="dictionary">articles of incorporation</span> at any time to add or change a provision that is required or permitted in the articles as of the effective date of the amendment or to delete a provision that is not required to be contained in the <span class="dictionary">articles of incorporation</span>. <a id="paragraph-258072" class="section-permalink" href="https://vacode.org/13.1-705/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> A <span class="dictionary">shareholder</span> of the <span class="dictionary">corporation</span> does not have a vested property right resulting from any provision in the <span class="dictionary">articles of incorporation</span>, including provisions relating to management, control, capital structure, dividend entitlement, purpose, or duration of the <span class="dictionary">corporation</span>. <a id="paragraph-258073" class="section-permalink" href="https://vacode.org/13.1-705/#B"><i class="fa fa-link"/></a></p></section></text><history>Code 1950, &#xA7; 13.1-55; 1956, c. 428; 1958, c. 564; 1985, c. 522; 2019, c. 734.</history><metadata></metadata></law>
