republic-os/legislation/us/states/va/2018/hb-1559.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Action without a meeting; articles of incorporation of a public corporation.	Creates an exception to the provision that authorizes shareholders of a corporation to act without a meeting by less than unanimous written consent of the shareholders. The exception states that if the articles of incorporation or bylaws of a public corporation allow the holders of 30 percent or fewer of all votes entitled to be cast to demand the calling of a special meeting of shareholders, such provision authorizing less-than-unanimous shareholder action shall not apply. A public corporation is a corporation that has shares listed on a national securities exchange or regularly traded in a market maintained by one or more members of a national or affiliated securities association. The measure does not apply if a public corporation's articles of incorporation authorized action by shareholders by less than unanimous consent as of April 1, 2018. This bill is identical to	us/states/va	Virginia General Assembly	2018	HB 1559	Virginia HB 1559 (2018)	bill	Corporations	enacted	Israel D. O'Quinn	3	17	5	2018-01-19	2018-03-09	openstates	ocd-bill/a73b2800-2045-4126-b590-88a3f9008c54	http://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB1559	2991ab4bf94e15f5f3992e9a771f3682824a011ac471fdd91099f645b751c9bf	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 1559 (2018) — Action without a meeting; articles of incorporation of a public corporation.

Creates an exception to the provision that authorizes shareholders of a corporation to act without a meeting by less than unanimous written consent of the shareholders. The exception states that if the articles of incorporation or bylaws of a public corporation allow the holders of 30 percent or fewer of all votes entitled to be cast to demand the calling of a special meeting of shareholders, such provision authorizing less-than-unanimous shareholder action shall not apply. A public corporation is a corporation that has shares listed on a national securities exchange or regularly traded in a market maintained by one or more members of a national or affiliated securities association. The measure does not apply if a public corporation's articles of incorporation authorized action by shareholders by less than unanimous consent as of April 1, 2018. This bill is identical to

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. House: Bill text as passed House and Senate (HB1559ER) (committee substitute) — source
2. House: Presented and ordered printed 18105548D (committee substitute) — source
3. House: Printed as engrossed 18105548D-E (committee substitute) — source

Votes

• Read third time and passed House BLOCK VOTE — 98–0 (pass) · legislature
• Passed Senate — 40–0 (pass) · legislature
• Reported from Commerce and Labor with amendments — 22–0 (pass) · legislature
• Reported from Commerce and Labor — 11–0 (pass) · legislature
• Constitutional reading dispensed — 40–0 (pass) · legislature

Sponsors

• Israel D. O'Quinn — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2018-01-19 Presented and ordered printed 18105548D introduction
• 2018-01-19 Referred to Committee on Commerce and Labor referral-committee
• 2018-02-01 Read first time reading-1
• 2018-02-02 Read second time reading-2
• 2018-02-02 Committee amendments agreed to
• 2018-02-02 Engrossed by House as amended HB1559E
• 2018-02-02 Printed as engrossed 18105548D-E
• 2018-02-05 Read third time and passed House BLOCK VOTE (98-Y 0-N) passage, reading-3
• 2018-02-06 Constitutional reading dispensed
• 2018-02-06 Referred to Committee on Commerce and Labor referral-committee
• 2018-02-22 Read third time reading-3
• 2018-02-26 Enrolled
• 2018-02-26 Signed by Speaker
• 2018-02-28 Signed by President
• 2018-03-02 Enrolled Bill communicated to Governor on March 2, 2018
• 2018-03-02 Governor's Action Deadline Midnight, March 9, 2018
• 2018-03-09 Approved by Governor-Chapter 267 (effective 7/1/18) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/a73b2800-2045-4126-b590-88a3f9008c54. Confidence: reported (aggregated from official Virginia legislature records).