13.1-660.2 - Remote participation in annual and special meetings. - Virginia Statutes

§ 13.1-660.2. Remote participation in annual and special meetings.

A. Shareholders of any class or series may participate in any meeting ofshareholders by means of remote communication to the extent the board ofdirectors authorizes such participation for such class or series.Participation by means of remote communication shall be subject to suchguidelines and procedures the board of directors adopts, and shall be inconformity with subsection B.

B. Shareholders participating in a shareholders' meeting by means of remotecommunication shall be deemed present and may vote at such a meeting if thecorporation has implemented reasonable measures to:

1. Verify that each person participating remotely is a shareholder; and

2. Provide such shareholders a reasonable opportunity to participate in themeeting and to vote on matters submitted to the shareholders, including anopportunity to communicate, and to read or hear the proceedings of themeeting, substantially concurrently with such proceedings.

(2010, c. 782.)