13.1-728.6 - Notice to shareholders. - Virginia Statutes

§ 13.1-728.6. Notice to shareholders.

A. If a special meeting of shareholders is required to be called pursuant to§ 13.1-728.5, notice of the special meeting shall be given as promptly asreasonably practicable by the public corporation to all shareholders ofrecord as of the record date set for the meeting, whether or not entitled tovote at the meeting.

B. Notice of the special or annual shareholders' meeting at which the votingrights are to be considered shall include or be accompanied by the following:

1. A copy of the control share acquisition statement delivered pursuant tothis article.

2. A statement by the board of directors of the corporation, authorized byits directors, of its position or recommendation, or that it is taking noposition or making no recommendation, with respect to the granting of votingrights to shares acquired in the control share acquisition or the proposedcontrol share acquisition.

(1989, c. 14; 2005, c. 765.)