{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/13.1-995.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/13.1-995.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/13.1-995.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/13.1-995.html"}],"law_id":347178,"edition_id":2,"section_id":347178,"structure_id":49830,"section_number":"13.1-995","catch_line":"Members to have rights of shareholders","history":"Code 1950, \u00a7 13.1-152; 1960, c. 80; 1985, c. 522.","full_text":"The rights given to shareholders under the provisions of \u00a7\u00a7 13.1-614, 13.1-624, 13.1-629, 13.1-742 and 13.1-744 shall apply to members as well as to shareholders of a corporation created hereunder.\n\n","order_by":null,"text":{"0":{"id":1295671,"text":"The rights given to shareholders under the provisions of \u00a7\u00a7 13.1-614, 13.1-624, 13.1-629, 13.1-742 and 13.1-744 shall apply to members as well as to shareholders of a corporation created hereunder.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":49830,"edition_id":2,"name":"Industrial Development Corporations","identifier":"11","label":"chapter","depth":2,"order_by":14,"parent_id":49726,"metadata":{"child_laws":18,"child_structures":0},"date_created":"2026-08-02 02:16:19","date_modified":"2026-08-02 12:29:18","permalink":{"id":1375279,"object_type":"structure","relational_id":49830,"identifier":"11","token":"13.1\/11","url":"\/13.1\/11\/","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":347164,"structure_id":49830,"section_number":"13.1-981","catch_line":"How chapter cited","url":"\/13.1-981\/","token":"13.1\/11\/13.1-981","metadata":false},{"id":347165,"structure_id":49830,"section_number":"13.1-982","catch_line":"Definitions","url":"\/13.1-982\/","token":"13.1\/11\/13.1-982","metadata":{"court_decisions":""}},{"id":347166,"structure_id":49830,"section_number":"13.1-983","catch_line":"Incorporation","url":"\/13.1-983\/","token":"13.1\/11\/13.1-983","metadata":false},{"id":347167,"structure_id":49830,"section_number":"13.1-984","catch_line":"Corporate name","url":"\/13.1-984\/","token":"13.1\/11\/13.1-984","metadata":false},{"id":347168,"structure_id":49830,"section_number":"13.1-985","catch_line":"Governor to approve articles of incorporation","url":"\/13.1-985\/","token":"13.1\/11\/13.1-985","metadata":false},{"id":347169,"structure_id":49830,"section_number":"13.1-986","catch_line":"How funds may be derived","url":"\/13.1-986\/","token":"13.1\/11\/13.1-986","metadata":false},{"id":347170,"structure_id":49830,"section_number":"13.1-987","catch_line":"Restrictions on powers of corporation","url":"\/13.1-987\/","token":"13.1\/11\/13.1-987","metadata":false},{"id":347171,"structure_id":49830,"section_number":"13.1-988","catch_line":"Acquisition, transfer, etc., of securities and shares of corporation","url":"\/13.1-988\/","token":"13.1\/11\/13.1-988","metadata":false},{"id":347172,"structure_id":49830,"section_number":"13.1-989","catch_line":"Membership in corporation; loans from members","url":"\/13.1-989\/","token":"13.1\/11\/13.1-989","metadata":false},{"id":347173,"structure_id":49830,"section_number":"13.1-990","catch_line":"Shares and shareholders","url":"\/13.1-990\/","token":"13.1\/11\/13.1-990","metadata":false},{"id":347174,"structure_id":49830,"section_number":"13.1-991","catch_line":"Directors","url":"\/13.1-991\/","token":"13.1\/11\/13.1-991","metadata":false},{"id":347175,"structure_id":49830,"section_number":"13.1-992","catch_line":"Executive committee","url":"\/13.1-992\/","token":"13.1\/11\/13.1-992","metadata":false},{"id":347176,"structure_id":49830,"section_number":"13.1-993","catch_line":"Restrictions on amendments to articles of incorporation","url":"\/13.1-993\/","token":"13.1\/11\/13.1-993","metadata":false},{"id":347177,"structure_id":49830,"section_number":"13.1-994","catch_line":"Earned surplus","url":"\/13.1-994\/","token":"13.1\/11\/13.1-994","metadata":false},{"id":347178,"structure_id":49830,"section_number":"13.1-995","catch_line":"Members to have rights of shareholders","url":"\/13.1-995\/","token":"13.1\/11\/13.1-995","metadata":false},{"id":347179,"structure_id":49830,"section_number":"13.1-996","catch_line":"Corporation not authorized to receive money on deposit; deposit of funds of corporation","url":"\/13.1-996\/","token":"13.1\/11\/13.1-996","metadata":false},{"id":347180,"structure_id":49830,"section_number":"13.1-997","catch_line":"Books and records","url":"\/13.1-997\/","token":"13.1\/11\/13.1-997","metadata":false},{"id":347181,"structure_id":49830,"section_number":"13.1-998","catch_line":"Credit of Commonwealth not pledged","url":"\/13.1-998\/","token":"13.1\/11\/13.1-998","metadata":false}],"previous_section":{"id":347177,"structure_id":49830,"section_number":"13.1-994","catch_line":"Earned surplus","url":"\/13.1-994\/","token":"13.1\/11\/13.1-994","metadata":false},"next_section":{"id":347179,"structure_id":49830,"section_number":"13.1-996","catch_line":"Corporation not authorized to receive money on deposit; deposit of funds of corporation","url":"\/13.1-996\/","token":"13.1\/11\/13.1-996","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-995\/","history_text":"<p>The record of this law\u2019s original creation isn\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 1960, chapter 80; in 1985, chapter 522.<\/p>","references":false,"refers_to":[{"id":346739,"section_number":"13.1-614","catch_line":"Hearing and finality of Commission action; injunctions","order_by":null,"url":"\/13.1-614\/"},{"id":346750,"section_number":"13.1-624","catch_line":"Bylaws","order_by":null,"url":"\/13.1-624\/"},{"id":346755,"section_number":"13.1-629","catch_line":"Lack of power to act","order_by":null,"url":"\/13.1-629\/"},{"id":346919,"section_number":"13.1-742","catch_line":"Dissolution by directors and shareholders","order_by":null,"url":"\/13.1-742\/"},{"id":346921,"section_number":"13.1-744","catch_line":"Revocation of dissolution","order_by":null,"url":"\/13.1-744\/"}],"permalink":{"id":1375337,"object_type":"law","relational_id":347178,"identifier":"13.1-995","token":"13.1\/11\/13.1-995","url":"\/13.1-995\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/13.1-995\/","token":"13.1\/11\/13.1-995","dublin_core":{"Title":"Members to have rights of shareholders","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-995","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The rights given to shareholders under the provisions of \u00a7\u00a7&nbsp;<a class=\"law\" title=\"Hearing and finality of Commission action; injunctions\" href=\"\/13.1-614\/\">13.1-614<\/a>, <a class=\"law\" title=\"Bylaws\" href=\"\/13.1-624\/\">13.1-624<\/a>, <a class=\"law\" title=\"Lack of power to act\" href=\"\/13.1-629\/\">13.1-629<\/a>, <a class=\"law\" title=\"Dissolution by directors and shareholders\" href=\"\/13.1-742\/\">13.1-742<\/a> and <a class=\"law\" title=\"Revocation of dissolution\" href=\"\/13.1-744\/\">13.1-744<\/a> shall apply to members as well as to shareholders of a corporation created hereunder.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nMEMBERS TO HAVE RIGHTS OF SHAREHOLDERS (\u00a7 13.1-995)\n\nThe rights given to shareholders under the provisions of \u00a7\u00a7 13.1-614,\n13.1-624, 13.1-629, 13.1-742 and 13.1-744 shall apply to members as well as to\nshareholders of a corporation created hereunder.\n\nHISTORY: Code 1950, \u00a7 13.1-152; 1960, c. 80; 1985, c. 522.","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"}}