Va. Code » Title 13.1. Corporations » Chapter 9. Virginia Stock Corporation Act » Article 1. General Provisions
Virginia Code

Va. Code Ann. § 13.1-601 (2026)

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✓ current as of May 2026
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This chapter shall be known as the Virginia Stock Corporation Act.

Code 1950, § 13.1-1; 1956, c. 428; 1985, c. 522.

Notes of Decisions
Cited in 15 cases (3 in the last 5 years), 1989–2024 · leading case: Middleburg Training Ctr., Inc. v. Firestone, 477 F. Supp. 2d 719 (E.D. Va. 2007).
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Middleburg Training Ctr., Inc. v. Firestone, 477 F. Supp. 2d 719 (E.D. Va. 2007). · cites it 6× “Because the Virginia Stock Corporation Act (“VSCA”), Va.Code § 13.1-601, et seq., is deemed a part of the contract between a corporation and its shareholders, it follows that when Firestone acquired her shares of MTC she agreed to a forum selection provision requiring her to…”
Davis Ex Rel. Woodside Props., LLC v. MKR Dev., LLC, 814 S.E.2d 179 (Va. 2018). “A member may bring an action in the right of a limited liability company to recover a judgment in its favor to the same extent that a shareholder may bring an action for a derivative suit under the Stock Corporation Act, Chapter 9 (§ 13.1-601 et seq.) of this title. Such action…”
Lake Monticello Owners’ Ass’n v. Lake, 463 S.E.2d 652 (Va. 1995). · cites it 2× “1 There is no similar statutory right given to shareholders, under the Virginia Stock *569 Corporation Act, Code §§ 13.1-601 to -800, or to members, under the Virginia Nonstock Corporation Act, Code §§ 13.”
Burke v. Thor Motor Coach, Inc., 113 F. Supp. 3d 863 (E.D. Va. 2015). · cites it 3× “2014) (interpreting several provisions of the Virginia Stock Corporation Act, Va.Code § 13.1-601 et seq.); Baker v. Elam, 883 F.”
Jennings v. Kay Jennings Fam. Ltd., 659 S.E.2d 283 (Va. 2008). “" A derivative action may be pursued if the general partners with authority to bring an action asserting the rights of the partnership have refused to do so or if an effort to cause the partners to bring such an action "is not likely to succeed.”
Parikh v. Fam. Care Ctr., Inc., 641 S.E.2d 98 (Va. 2007). “A corporation organized pursuant to the provisions of Chapter 9 (§ 13.1-601 *101 et seq.) or Chapter 10 (§ 13.”
Retail Prop. Investors, Inc. v. Skeens, 471 S.E.2d 181 (Va. 1996). · cites it 2× “In 1956, however, the General Assembly enacted the Virginia Stock Corporation Act, Code §§ 13.1-601 to -779 (1993 Repl. Vol.”
Richelieu v. Kirby, 48 Va. Cir. 260 (Fairfax Cir. Ct. 1999). “1 is titled in the Virginia Stock Corporations Act (§ 13.1-601 etseq.). Section 13.1-672.1 places particular limitations on the right to bring derivative proceedings.”
C-T of Virginia, Inc. v. Barrett (In re C-T of Virginia, Inc.), 958 F.2d 606 (4th Cir. 1992). · cites it 2× “The creditors, suing on behalf of the corporation, claimed that the leveraged acquisition created an illegal distribution to shareholders under the Virginia Stock Corporation Act, Va.Code Ann. § 13.1-601 et seq. (Mi-chie 1989).”
Seth G. Heald v. Rappahannock Elec. Coop. (Va. Ct. App. 2024). · cites it 2× “2 See Code §§ 13.1-601 to -800. -2- special meetings and the giving of notice thereof; .”
Michael R. Agnew v. United Leasing Corp. (Va. Ct. App. 2024). · cites it 2× “1-754, a portion of the Virginia Stock Corporation Act, Code §§ 13.1-601 to -800, is identical in its substantive language to Code § 13.”
William L. Respess v. VMI Alumni Ass'n (Va. Ct. App. 2024). · cites it 2× “ANALYSIS Virginia law distinguishes between stock corporations governed by the Virginia Stock Corporation Act (Code §§ 13.1-601 to -792) and nonstock corporations governed by the Virginia Nonstock Corporation Act (Code §§ 13.”
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