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1995 SESSION

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LD3387845
HOUSE BILL NO. 1668 Offered January 17, 1995 A BILL to amend and reenact §§ 13.1-775 and 13.1-936 of the Code of Virginia, relating to corporations; annual reports. ---------- Patrons--Morgan, Parrish and Plum; Senators: Colgan and Norment ---------- Referred to Committee on Corporations, Insurance and Banking ----------

Be it enacted by the General Assembly of Virginia:

1. That §§ 13.1-775 and 13.1-936 of the Code of Virginia are amended and reenacted as follows:

§ 13.1-775. Annual report of domestic and foreign corporations.

A. Each domestic corporation, and each foreign corporation authorized to transact business in this Commonwealth, shall file, within the time prescribed by this chapter, an annual report setting forth:

1. The name of the corporation, the address of its principal office and the state or country under whose laws it is incorporated; and

2. The address of the registered office of the corporation in this Commonwealth, including both (i) the post-office address with street and number, if any, and (ii) the name of the county or city in which it is located, and the name of its registered agent in this Commonwealth at such address;

3 2. The names and post-office addresses of the directors and the principal officers of the corporation; and

4. A statement of the aggregate number of shares which the corporation has authority to issue, itemized by class.

B. The report shall be made on forms furnished by the Commission and shall supply the information as of the date of the report.

C. The annual report of a domestic or foreign corporation shall be filed with the Commission between January 1 and April 1 of each year after the calendar year in which it was incorporated or authorized to transact business in this Commonwealth. If the report appears to be incomplete or inaccurate, the Commission shall return it for correction or explanation. Otherwise the Commission shall file it in the clerk's office.

§ 13.1-936. Annual report of domestic and foreign corporations.

A. Each domestic corporation, and each foreign corporation authorized to transact business in this Commonwealth, shall file, within the time prescribed by this chapter, an annual report setting forth:

1. The name of the corporation, the address of its principal office and the state or country under whose laws it is incorporated.; and

2. The address of the registered office of the corporation in this Commonwealth (including both (i) the post-office address with street and number, if any, and (ii) the name of the county or city in which it is located), and the name of its registered agent in this Commonwealth at such address.

32. The names and post-office addresses of the directors and the principal officers of the corporation.

B. The report shall be made on forms furnished by the Commission, and shall supply the information as of the date of the report.

C. The annual report of a domestic or foreign corporation shall be filed with the Commission between January 1 and April 1 of each year after the calendar year in which it was incorporated or authorized to transact business in this Commonwealth. If the report appears to be incomplete or inaccurate, the Commission shall return it for correction or explanation. Otherwise the Commission shall file it in the clerk's office.