                                 CODE OF VIRGINIA

NONEXCLUSIVITY (§ 13.1-728.9)

Except as expressly provided in this article, neither the provisions of this
article nor their application to any acquiring person shall limit actions that
may be taken, or require the taking of any action, by the board of directors or
shareholders with respect to any potential changes in control of any public
corporation. Regardless of the applicability of this article, in the case of any
action taken or not taken by directors, the provisions of § 13.1-690 shall
apply, and, in determining the best interests of the corporation, a director may
consider the possibility that those interests may best be served by the
continued independence of the corporation.

HISTORY: 1989, c. 14; 2005, c. 765; 2019, c. 734.