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West Virginia · Through as of 2026-08-03; contains at least the enactments of the 2026 Regular Session · Newer source version available

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.

(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 2026-09-06T00:28:05Z. Source file · JSON

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