{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/13.1-611.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/13.1-611.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/13.1-611.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/13.1-611.html"}],"law_id":346728,"edition_id":2,"section_id":346728,"structure_id":49781,"section_number":"13.1-611","catch_line":"Number of shareholders","history":"1985, c. 522; 2005, c. 765; 2019, c. 734.","full_text":"A\n\nFor purposes of this chapter, the following identified as a shareholder in a corporation’s current record of shareholders constitutes one shareholder:\n\n1\n\nThree or fewer co-owners;\n\n2\n\nA corporation, limited liability company, partnership, limited partnership, business trust, trust, estate, or other entity; or\n\n3\n\nThe trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.\n\nB\n\nFor purposes of this chapter, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.\n\n","order_by":null,"text":{"0":{"id":1292941,"text":"For purposes of this chapter, the following identified as a shareholder in a corporation’s current record of shareholders constitutes one shareholder:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":1292942,"text":"Three or fewer co-owners;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":1292943,"text":"A corporation, limited liability company, partnership, limited partnership, business trust, trust, estate, or other entity; or","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":1292944,"text":"The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"B"},"4":{"id":1292945,"text":"For purposes of this chapter, shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe that the names represent the same person.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A3"}},"ancestry":[{"id":49781,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":49780,"metadata":{"child_laws":16,"child_structures":0},"date_created":"2026-08-02 02:14:54","date_modified":"2026-08-02 12:29:09","permalink":{"id":1377167,"object_type":"structure","relational_id":49781,"identifier":"1","token":"13.1\/9\/1","url":"\/13.1\/9\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49780,"edition_id":2,"name":"Virginia Stock Corporation Act","identifier":"9","label":"chapter","depth":2,"order_by":12,"parent_id":49726,"metadata":{"child_laws":265,"child_structures":27},"date_created":"2026-08-02 02:14:54","date_modified":"2026-08-02 12:29:09","permalink":{"id":1377165,"object_type":"structure","relational_id":49780,"identifier":"9","token":"13.1\/9","url":"\/13.1\/9\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49726,"edition_id":2,"name":"Corporations","identifier":"13.1","label":"title","depth":1,"order_by":44,"parent_id":null,"metadata":{"child_laws":894,"child_structures":104},"date_created":"2026-08-02 02:14:01","date_modified":"2026-08-02 12:29:04","permalink":{"id":1374495,"object_type":"structure","relational_id":49726,"identifier":"13.1","token":"13.1","url":"\/13.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":346716,"structure_id":49781,"section_number":"13.1-601","catch_line":"Short title","url":"\/13.1-601\/","token":"13.1\/9\/1\/13.1-601","metadata":false},{"id":346717,"structure_id":49781,"section_number":"13.1-602","catch_line":"Reservation of power to amend or repeal","url":"\/13.1-602\/","token":"13.1\/9\/1\/13.1-602","metadata":false},{"id":346718,"structure_id":49781,"section_number":"13.1-603","catch_line":"Definitions","url":"\/13.1-603\/","token":"13.1\/9\/1\/13.1-603","metadata":false},{"id":346720,"structure_id":49781,"section_number":"13.1-604","catch_line":"Filing requirements","url":"\/13.1-604\/","token":"13.1\/9\/1\/13.1-604","metadata":false},{"id":346719,"structure_id":49781,"section_number":"13.1-604.1","catch_line":"Filings with the Commission pursuant to reorganization","url":"\/13.1-604.1\/","token":"13.1\/9\/1\/13.1-604.1","metadata":false},{"id":346721,"structure_id":49781,"section_number":"13.1-605","catch_line":"Issuance of certificate by Commission; recordation of documents","url":"\/13.1-605\/","token":"13.1\/9\/1\/13.1-605","metadata":false},{"id":346722,"structure_id":49781,"section_number":"13.1-606","catch_line":"Effective time and date of document","url":"\/13.1-606\/","token":"13.1\/9\/1\/13.1-606","metadata":false},{"id":346723,"structure_id":49781,"section_number":"13.1-607","catch_line":"Correcting filed articles","url":"\/13.1-607\/","token":"13.1\/9\/1\/13.1-607","metadata":false},{"id":346724,"structure_id":49781,"section_number":"13.1-608","catch_line":"Evidentiary effect of copy of filed document","url":"\/13.1-608\/","token":"13.1\/9\/1\/13.1-608","metadata":false},{"id":346725,"structure_id":49781,"section_number":"13.1-609","catch_line":"Certificate of good standing","url":"\/13.1-609\/","token":"13.1\/9\/1\/13.1-609","metadata":false},{"id":346727,"structure_id":49781,"section_number":"13.1-610","catch_line":"Notices and other communications","url":"\/13.1-610\/","token":"13.1\/9\/1\/13.1-610","metadata":false},{"id":346726,"structure_id":49781,"section_number":"13.1-610.1","catch_line":"Householding","url":"\/13.1-610.1\/","token":"13.1\/9\/1\/13.1-610.1","metadata":{"court_decisions":""}},{"id":346728,"structure_id":49781,"section_number":"13.1-611","catch_line":"Number of shareholders","url":"\/13.1-611\/","token":"13.1\/9\/1\/13.1-611","metadata":false},{"id":346729,"structure_id":49781,"section_number":"13.1-612","catch_line":"Penalty for signing false document","url":"\/13.1-612\/","token":"13.1\/9\/1\/13.1-612","metadata":false},{"id":346730,"structure_id":49781,"section_number":"13.1-613","catch_line":"Unlawful to transact or offer to transact business as a corporation unless authorized","url":"\/13.1-613\/","token":"13.1\/9\/1\/13.1-613","metadata":{"court_decisions":""}},{"id":346739,"structure_id":49781,"section_number":"13.1-614","catch_line":"Hearing and finality of Commission action; injunctions","url":"\/13.1-614\/","token":"13.1\/9\/1\/13.1-614","metadata":{"court_decisions":""}}],"previous_section":{"id":346726,"structure_id":49781,"section_number":"13.1-610.1","catch_line":"Householding","url":"\/13.1-610.1\/","token":"13.1\/9\/1\/13.1-610.1","metadata":{"court_decisions":""}},"next_section":{"id":346729,"structure_id":49781,"section_number":"13.1-612","catch_line":"Penalty for signing false document","url":"\/13.1-612\/","token":"13.1\/9\/1\/13.1-612","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-611\/","history_text":"

This law was first created in 1985. The record of its establishment is cataloged in chapter 522 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1985 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2005, chapter 765<\/a>; in 2019, chapter 734<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1377217,"object_type":"law","relational_id":346728,"identifier":"13.1-611","token":"13.1\/9\/1\/13.1-611","url":"\/13.1-611\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/13.1-611\/","token":"13.1\/9\/1\/13.1-611","dublin_core":{"Title":"Number of shareholders","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-611","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> For purposes of this chapter, the following identified as a shareholder<\/span> in a corporation<\/span>’s current record of shareholders<\/span> constitutes one shareholder<\/span>: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Three or fewer co-owners; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A corporation<\/span>, limited liability company, partnership, limited partnership, business trust, trust, estate, or other entity<\/span>; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> For purposes of this chapter, shareholdings registered in substantially similar names constitute one shareholder<\/span> if it is reasonable to believe that the names represent the same person<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nNUMBER OF SHAREHOLDERS (\u00a7 13.1-611)\n\nA. For purposes of this chapter, the following identified as a shareholder in a\ncorporation’s current record of shareholders constitutes one shareholder:\n\n 1. Three or fewer co-owners;\n\n 2. A corporation, limited liability company, partnership, limited partnership,\n business trust, trust, estate, or other entity; or\n\n 3. The trustees, guardians, custodians, or other fiduciaries of a single\n trust, estate, or account.\n\nB. For purposes of this chapter, shareholdings registered in substantially\nsimilar names constitute one shareholder if it is reasonable to believe that the\nnames represent the same person.\n\nHISTORY: 1985, c. 522; 2005, c. 765; 2019, c. 734.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}