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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>66018</law_id><section_number>13.1-728.6</section_number><catch_line>Notice to shareholders</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><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="14.1">Control Share Acquisitions</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> If a special meeting of <span class="dictionary">shareholders</span> is required to be called pursuant to &#xA7; <a class="law" title="Meeting of shareholders" href="/13.1-728.5/">13.1-728.5</a>, notice of the special meeting shall be given by the <span class="dictionary">public corporation</span> to all <span class="dictionary">shareholders</span> of record as of the <span class="dictionary">record date</span> set for the meeting, whether or not entitled to vote at the meeting. <a id="paragraph-239897" class="section-permalink" href="https://vacode.org/13.1-728.6/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Notice of the special or annual <span class="dictionary">shareholders</span>&#x2019; meeting at which the voting rights are to be considered shall include or be accompanied by the following: <a id="paragraph-239898" class="section-permalink" href="https://vacode.org/13.1-728.6/#B"><i class="fa fa-link"/></a></p></section>
						<section id="B1" class="indent-1"><p><span class="prefix-number">1.</span> A copy of the <span class="dictionary">control share acquisition</span> statement delivered pursuant to this article; and <a id="paragraph-239899" class="section-permalink" href="https://vacode.org/13.1-728.6/#B1"><i class="fa fa-link"/></a></p></section>
						<section id="B2" class="indent-1"><p><span class="prefix-number">2.</span> A statement by the board of directors of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the granting of voting rights to <span class="dictionary">shares</span> acquired in the <span class="dictionary">control share acquisition</span> or the proposed <span class="dictionary">control share acquisition</span>. <a id="paragraph-239900" class="section-permalink" href="https://vacode.org/13.1-728.6/#B2"><i class="fa fa-link"/></a></p></section></text><history>1989, c. 14; 2005, c. 765; 2019, c. 734.</history><metadata></metadata></law>
