Article 7: Shares and Distributions

This article is comprised of the following sections:

§13.1-638 Authorized shares
§13.1-639 Terms of class or series determined by board of directors
§13.1-640 Issued and outstanding shares
§13.1-641 Fractional shares
§13.1-642 Subscription for shares before incorporation
§13.1-643 Issuance of shares
§13.1-644 Liability of shareholders and others
§13.1-645 Share dividends
§13.1-646 Share rights, options, warrants, and other awards
§13.1-647 Form and content of certificates evidencing shares
§13.1-648 Shares without certificates
§13.1-649 Restriction on transfer of shares and other securities
§13.1-650 Expense of issue
§13.1-651 Shareholders&#8217; preemptive rights
§13.1-652 Corporation&#8217;s acquisition of its own shares
§13.1-653 Distributions to shareholders
