West Virginia Nonprofit Corporation Act — Key Provisions
Document 41 of the Board Governance Binder
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West Virginia Nonprofit Corporation Act — Key Provisions
Document 41 REFERENCE
WV Code Chapter 31E governs the Corporation. This summary highlights key provisions. Consult full statute or legal counsel for authoritative guidance.
Formation and Governance
| Provision | Summary |
|---|---|
| §31E-3 | Nonprofit may be organized for any lawful purpose. |
| §31E-8-801 | All corporate powers exercised by or under authority of the board. |
| §31E-8-805 | Director terms specified in articles or bylaws. Staggering permitted. |
| §31E-8-808 | Directors may be removed with or without cause per articles/bylaws. |
Meetings and Voting
| Provision | Summary |
|---|---|
| §31E-8-820 | Directors may participate by any means allowing simultaneous communication. Counts as in-person. |
| §31E-8-821 | Board may act without meeting if every director signs written consent. |
| §31E-8-824 | Majority of directors in office = quorum unless bylaws require more. |
Officers, Standards, Indemnification, Dissolution
| Provision | Summary |
|---|---|
| §31E-8-830 | Directors must act in good faith, with reasonable care, in best interests of corporation. |
| §31E-8-831 | Conflict transactions not void if properly disclosed and approved. |
| §31E-8-851 to 8-859 | Corporation may indemnify directors/officers for good-faith performance. |
| §31E-14 | Board may propose dissolution. Assets to tax-exempt orgs with similar purposes. |
Other Referenced Statutes
| Statute | Relevance |
|---|---|
| WV UPMIFA | Prudent management of invested funds (Investment Policy). |
| WV Code §46A-2A-101 et seq. | Data breach notification (Data Governance Policy). |
| WV Human Rights Act | Disability discrimination (ADA Policy). |
| IRC §501(c)(3) | Federal tax-exempt status (Bylaws). |
| IRC §501(h) | Optional lobbying expenditure test (Bylaws). |
| Sarbanes-Oxley (nonprofit) | Whistleblower and document retention (Whistleblower Policy). |
| ADA of 1990 | Federal disability rights (ADA Policy). |
| WCAG 2.1 Level AA | Digital accessibility standard (ADA Policy). |