Issuance Of Stocks, Bonds, Etc.
This is Chapter 3 of the Code of Virginia, titled “Issuance Of Stocks, Bonds, Etc..” It is part of Title 56, titled “Public Service Companies.” It’s comprised of the following 24 sections.
- § 56-55
- Definitions
- § 56-56
- Issue of securities a special privilege subject to regulation
- § 56-57
- Securities to which chapter is applicable
- § 56-58
- Purposes for which stock, etc., may issue
- § 56-59
- Order required before acting as surety, guarantor, etc
- § 56-60
- Application for order authorizing issuance of securities or assumption of liabilities
- § 56-61
- Action of Commission on such application
- § 56-62
- Joint action with commission of another state
- § 56-63
- Appeal from decision of Commission on issuance of securities
- § 56-64
- Repealed
- § 56-65
- Exceptions as to issue of stock, etc., in treasury, etc
- § 56-65.1
- Short-term indebtedness
- § 56-65.2
- Repealed
- § 56-66
- No authority to capitalize permit, franchise or contract for consolidation
- § 56-67
- Issuance of securities or assumption of liability void if order not obtained
- § 56-67.1
- Validity of authorized securities
- § 56-68
- No licensed salesman required when securities approved under this chapter
- § 56-69
- Purposes to which proceeds of security issues may be applied
- § 56-70
- Accounting for disposition of proceeds of issue of securities
- § 56-71
- Violations of provisions of chapter; penalty
- § 56-72
- Acts of officers, etc., bind company
- § 56-73
- Penalty as to officers, etc., for violation of provisions of chapter
- § 56-74
- State not obligated to pay or guarantee
- § 56-75
- Fees in connection with applications for authority to issue securities