Action to Nonvoting and Nonconsenting Shareholders (Virginia) Notice
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About this template
A template notice, as required by Virginia law, to shareholders who did not vote or consent to actions taken by written consent, without a formal meeting or vote.
This document is likely to be relevant to all sectors: Agriculture, Forestry and Fishing; Mining; Construction; Manufacturing; Transport; Energy; Wholesale; Retail; Finance; Insurance; Real Estate; Legal Services; Consumer, Public & Health Services; Education; Media; Consultancy; Technology; Public Administration; Sport & Entertainment; Other
A notice under Section 204(h) of ERISA that informs participants of a major decrease in the rate of future benefit accruals, or the removal or considerable reduction of an early retirement benefit or retirement-type subsidy.
This template, which falls under Section 404(c) of ERISA, offers fiduciary protection to plan fiduciaries against any losses caused by a plan participant or beneficiary's control of assets in their individual account.
A template notice, as required by Virginia law, to shareholders who did not vote or consent to actions taken by written consent, without a formal meeting or vote.