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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>74233</law_id><section_number>13.1-995</section_number><catch_line>Members to have rights of 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="11">Industrial Development Corporations</unit></structure><text>
						<section><p>The rights given to shareholders under the provisions of &#xA7;&#xA7;&#xA0;<a class="law" title="Hearing and finality of Commission action; injunctions" href="/13.1-614/">13.1-614</a>, <a class="law" title="Bylaws" href="/13.1-624/">13.1-624</a>, <a class="law" title="Lack of power to act" href="/13.1-629/">13.1-629</a>, <a class="law" title="Dissolution by directors and shareholders" href="/13.1-742/">13.1-742</a> and <a class="law" title="Revocation of dissolution" href="/13.1-744/">13.1-744</a> shall apply to members as well as to shareholders of a corporation created hereunder.</p></section></text><history>Code 1950, &#xA7; 13.1-152; 1960, c. 80; 1985, c. 522.</history><metadata></metadata></law>
