Posts

Compliance Tips for Virginia Business Startups: Director and Officer Responsibilities
July 08, 2019

Responsibility for the day-to-day management of a Virginia corporation resides with the corporation’s directors and officers. The Virginia Stock Corporation Act offers more flexibility than most people realize, however, to structure the management…

Quorum Requirements in Nonprofit Bylaws
May 24, 2019

Question: Our nonprofit board frequently struggles with questions about quorum requirements in our Bylaws and what is required by law, can you help us understand what the law requires? Answer: The good news is that nonprofit organizations…