                                 CODE OF VIRGINIA

VOTING; PROXIES (§ 55.1-2142)

A. If only one of the multiple proprietary lessees of a unit is present at a
meeting of the association, he is entitled to cast all the votes allocated to
the cooperative interest of which that unit is a part. If more than one of the
multiple proprietary lessees are present, the votes allocated to that
cooperative interest may be cast only in accordance with the agreement of a
majority in interest of the multiple proprietary lessees, unless the declaration
expressly provides otherwise. There is majority agreement if any one of the
multiple proprietary lessees casts the votes allocated to that cooperative
interest without protest being made promptly to the person presiding over the
meeting by any of the other proprietary lessees of the cooperative interest.

B. Votes allocated to a cooperative interest may be cast pursuant to a proxy
duly executed by a proprietary lessee. If there is more than one proprietary
lessee of a unit, each proprietary lessee of the unit may vote or register
protest to the casting of votes by the other proprietary lessees of the unit
through a duly executed proxy. A proprietary lessee may not revoke a proxy given
pursuant to this section except by actual notice of revocation to the person
presiding over a meeting of the association. A proxy is void if it is not dated
or purports to be revocable without notice. A proxy terminates one year after
its date, unless a shorter term is specified.

C. If the declaration requires that votes on specified matters affecting the
cooperative be cast by lessees other than proprietary lessees of leased units:
(i) the provisions of subsections A and B apply to lessees as if they were
proprietary lessees; (ii) proprietary lessees who have leased their units to
other persons may not cast votes on those specified matters; and (iii) lessees
are entitled to notice of meetings, access to records, and other rights
respecting those matters as if they were proprietary lessees. Proprietary
lessees must also be given notice, in the manner provided in &#xA7; 55.1-2140,
of all meetings at which such lessees may be entitled to vote.

D. All votes allocated to a cooperative interest owned by the association shall
be deemed present for quorum purposes at all duly called meetings of the
association and shall be deemed cast in the same proportions as the votes cast
by proprietary lessees, other than the association.

HISTORY: 1982, c. 277, § 55-467; 2004, c. 242; 2019, c. 712.