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West Virginia · Through as of 2026-10-13; contains at least the enactments of the 2026 Regular Session (newest effective date 2027-07-01)

W. Va. Code § 31D-8-809: Removal of directors by judicial proceeding.

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Where this section sits in the code
  1. CHAPTER 31D. WEST VIRGINIA BUSINESS CORPORATION ACT.
  2. ARTICLE 8. DIRECTORS AND OFFICERS.
  3. PART 1. BOARD OF DIRECTORS.

(a) The circuit court may remove a director of the corporation from office in a proceeding commenced either by the corporation or by its shareholders holding at least ten percent of the outstanding shares of any class if the court finds that: (1) The director engaged in fraudulent or dishonest conduct or gross abuse of authority or discretion with respect to the corporation; and (2) removal is in the best interest of the corporation.

(b) The court that removes a director may bar the director from reelection for a period prescribed by the court.

(c) If shareholders commence a proceeding under subsection (a) of this section, they must make the corporation a party defendant.

Collected 2026-10-18T04:41:56Z. Source file · JSON

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