(a) A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure.
(b) The procedure may set forth:
(1) The types of nominees to which it applies;
(2) The rights or privileges that the corporation recognizes in a beneficial owner;
(3) The manner in which the procedure is selected by the nominee;
(4) The information that must be provided when the procedure is selected;
(5) The period for which selection of the procedure is effective; and
(6) Other aspects of the rights and duties created.
Structure West Virginia Code
Chapter 31D. West Virginia Business Corporation Act
§31D-7-703. Court-Ordered Meeting
§31D-7-704. Action Without Meeting
§31D-7-708. Conduct of the Meeting
§31D-7-720. Shareholders' List for Meeting
§31D-7-721. Voting Entitlement of Shares
§31D-7-723. Shares Held by Nominees
§31D-7-724. Corporation's Acceptance of Votes
§31D-7-725. Quorum and Voting Requirements for Voting Groups
§31D-7-726. Action by Single and Multiple Voting Groups
§31D-7-727. Greater Quorum or Voting Requirements
§31D-7-728. Voting for Directors; Cumulative Voting