Current with changes from the 2024 legislative session through ch. 845
Section 13.1-844 - Record dateA. The bylaws may fix or provide the manner of fixing in advance the record date for one or more voting groups in order to make a determination of members for any purpose. If the bylaws do not fix or provide for fixing a record date, the board of directors of the corporation may fix as the record date the date on which it takes such action or a future date.B. A record date fixed under this section may not be more than 70 days before the meeting or action requiring a determination of members.C. A determination of members entitled to notice of or to vote at a members' meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting.D. If a court orders a meeting adjourned to a date more than 120 days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.1985, c. 522; 2007, c. 925.Amended by Acts 2007, § c. 925.Amended by Acts 1985, § c. 522.