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    Under Construction - VirginiaCorporation.US Posted by DigitalDominion (575)
    VirginiaCorporation.US - the Web resource for articles, news and developments about the Virginia corporation as a form of legal entity - is under construction - bookmark this site and watch as we roll out features.
    • [450] Welcome to VirginiaCorporation.US
      Welcome to VirginiaCorporation.US - the "Web 2.0" website providing a legal and business resource for businesses, attorneys, accountants, entrepreneurs, bankers and others with an interest in the Virginia Corporation form of legal entity via the Digital Dominion Network's Law and Business Network. This website is primarily focused upon serving users with an interest in the Virginia Corporation, a form of legal entity authorized by the Virginia Revised Stock Corporation Act. The Digital Dominion Law and Business Network provides primarily user generated content contributed by readers or reprinted from public domain sources. Each website of the Digital Dominion Law and Business Network is a "Web 2.0" website which provide multiple opportunities for user contribution, discussion, and...
    • [317] Gov. McDonnell Signs Legislation Authorizing Virginia Benefit Corporations
      3/26/2011

      Virginia Governor Bob McDonnell has signed legislation approved by the Virginia General Assembly to authorize the "Benefit Corporation" as an authorized form of legal entity under Virginia law. The Legislation, which becomes effective July 1, 2011, permits the formation (or conversion of an exisitng corporation) of a for profit corporation which exist both for private profit and to promote a "material positive impact on society and the environment taken as a
      whole, as measured by a third-party standard.

      The chief benefit of this legislation is that it permits the board of directors and officers of such a corporation to take both the targeted public benefit as well as the private interest of the shareholders (unlike a regular corporation where...
    • [279] Walter A. Stosch Introduces legislation to Conform Virginia Corporation Law to Revised Model Business Corporation Act
      Walter A. Stosch has introduced SB 100, a bill to enact provisions to conform the Virginia Stock Corporation Act to recent updates to the Revised Model Business Corporation Act. The bill Conforms provisions of the Virginia Stock Corporation Act to revisions to the Model Business Corporation Act prepared by the Business Law Section of the American Bar Association, and makes several clarifying revisions. Elements of the measure include (i) expanding provisions governing the electronic transmission of notices and other communications; (ii) providing that notice to a shareholder that is sent by U.S. mail is effective upon deposit in the U.S. Mail; currently, such mailings to shareholders are...
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