An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1928 |
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Law Number | 501 |
Subjects |
Law Body
Chap. 501.—An ACT to amend and re-enact section 3879 of the Code of Vir-
ginia, as amended by an act approved March 20, 1924, which section is in
chapter 151 of the said Code on the subject of the creation of non-stock cor-
porations. [S B 371]
Approved March 26, 1928
1. Be it enacted by the general assembly of Virginia, That section
thirty-eight hundred and seventy-nine of the Code of Virginia, as
amended by an act approved March twentieth, nineteen hundred and
twenty-four, be amended and re-enacted so as to read as follows:
Section 3879. Active and honorary members: voting power.—Cor-
porations created under this chapter may provide in the certificate of
incorporation or by its by-laws for both active and honorary members,
and may restrict the voting power at the meeting of the corporation
to its active members. Each member of such corporation, or of any
corporation heretofore organized under any charter heretofore granted
by any court or by the general assembly and authorized to do any act,
to conduct any business, or to carry on any object or purpose permitted
under section thirty-eight hundred and seventy-two of the Code of
Virginia of nineteen hundred and twenty-four, having voting power
under its charter or by-laws or otherwise shall be entitled to one vote
in person or by proxy in the meetings of the corporation. If there be
no members having voting power under its charter or by-laws or
otherwise, then the entire voting power shall be vested in the trustees,
directors or managers who may take any lawful action for or on behalf
of the corporation, which might be taken by members having such
voting power, or by stockholders and directors under any section of
this chapter or by both.