{"data":{"id":"us-va/va.-code-13.1-725.1","jurisdiction":"us-va","citation":"Va. Code § 13.1-725.1","heading":"Affiliated transactions","body":"Notwithstanding any provision to the contrary contained in this chapter, except as provided in subsection B of § 13.1-727, no corporation shall engage in any affiliated transaction with any interested shareholder for a period of three years following such interested shareholder's determination date unless approved by the affirmative vote of a majority (but not less than two) of the disinterested directors and by the affirmative vote of the holders of two-thirds of the voting shares other than shares beneficially owned by the interested shareholder. A corporation may engage in an affiliated transaction with an interested shareholder beginning three years after such interested shareholder's determination date, provided such transaction complies with the provisions of § 13.1-726.1988, c. 442.","path":["Title 13.1. CORPORATIONS","Chapter 9. VIRGINIA STOCK CORPORATION ACT","Article 14. AFFILIATED TRANSACTIONS"],"source_url":"https://law.lis.virginia.gov/vacode/13.1-725.1/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:14Z","sha256":"9f24e3439b3e2f8875f711e067cadaec9fe7a18eca7980498d2434b3c9fc1b5b","source_id":"us-va","stale":true,"prev":"us-va/va.-code-13.1-725","next":"us-va/va.-code-13.1-726"},"notice":"GroundRules: Original legal text. Not legal advice."}