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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>68368</law_id><section_number>13.1-784</section_number><catch_line>Formation of benefit corporations</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-786</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="22">Benefit Corporations</unit></structure><text>
						<section><p>A <span class="dictionary">benefit corporation</span> shall be formed in accordance with Article 3 (&#xA7;&#xA0;<a class="law" title="Incorporators" href="/13.1-618/">13.1-618</a> et seq.), and its articles, as initially filed with the <span class="dictionary">Commission</span> or as amended, shall <span class="dictionary">state</span> that it is a <span class="dictionary">benefit corporation</span>.</p></section></text><history>2011, c. 698.</history><metadata></metadata></law>
