13.1-659 - Waiver of notice. - Virginia Statutes

§ 13.1-659. Waiver of notice.

A. A shareholder may waive any notice required by this chapter, the articlesof incorporation, or bylaws before or after the date and time of the meetingthat is the subject of such notice. The waiver shall be in writing, be signedby the shareholder entitled to the notice, and be delivered to the secretaryof the corporation for inclusion in the minutes or filing with the corporaterecords.

B. A shareholder's attendance at a meeting:

1. Waives objection to lack of notice or defective notice of the meeting,unless the shareholder at the beginning of the meeting objects to holding themeeting or transacting business at the meeting; and

2. Waives objection to consideration of a particular matter at the meetingthat is not within the purpose or purposes described in the meeting notice,unless the shareholder objects to considering the matter when it is presented.

(Code 1950, § 13.1-27; 1956, c. 428; 1985, c. 522.)