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The article focuses on the legislative changes regarding corporate law of Virginia and the decision of the Supreme Court of Virginia in the several cases which include changes to Limited Liability Company Act, intrastate crowdfunding law and Jimenez v. Corr on contractual interpretation.

The article offers information on the legislative amendments made to business and corporate law of Virginia. It highlights the changes made to the Virginia Stock Corporation Act, the Virginia Nonstock Corporation Act and the Limited Liability Company Act. It analyzes Virginia courts decision on various issues including assignability of limited liability company membership interests, judicial dissolution, and claims against directors of Virginia corporations.

The article focuses on the Benefit Corporation Article, an amendment to the Virginia Stock Corporation Act (VSCA) which is based on the legislations of other states. It further focuses on fiduciary duties, private ordering and examines several aspects of this article for the practitioners and social entrepreneurs. It also discusses the objectives of the Benefit Corporation Article and its effect on the Virginia corporations.