{"law_id":"772550","section_number":"13.1-341","catch_line":"Taxes","history":"Code 1950, \u00a7 13-291; 1956, c. 428; 1982, c. 266.","order_by":null,"metadata":false,"court_decisions":{"0":{"name":"Forst v. ROCKINGHAM POULTRY MARKETING CO-OP.","case_number":"Record No. 790521","citation":"279 S.E.2d 400","date":"1981-06-12","url":"https:\/\/www.courtlistener.com\/opinion\/1395078\/forst-v-rockingham-poultry-marketing-co-op\/","abstract":" .\u202f.\u202f. . The dispute involves the interpretation of \u00a7 13.1-341 which reads: .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"}},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/13.1-341\/","refers_to":false,"url":"\/13.1-341\/","token":"13.1\/3\/2\/13.1-341","structure":{"1":{"id":"45","name":"Agricultural Cooperative Associations","identifier":"2","label":"article","url":"\/13.1\/3\/2\/"},"2":{"id":"44","name":"Cooperative Associations","identifier":"3","label":"chapter","url":"\/13.1\/3\/"},"3":{"id":"43","name":"Corporations","identifier":"13.1","label":"title","url":"\/13.1\/"}},"referred_to_by":false,"edition_id":"11","section_id":"772550","structure_id":"45","full_text":"Nothing in this article shall be construed as exempting any association from the payment of license, income, property or other taxes, state and local; and the designation of any such association in this article as nonprofit shall not be construed as exempting it from state income taxation, notwithstanding any other provision of law. For the privilege of storing or marketing agricultural products, an association shall, however, pay only an annual license fee of ten dollars which shall be in lieu of all other corporation, franchise and income taxes, taxes on capital, taxes and charges upon reserves held by the association, and all state and local license taxes on that part of its business which is solely and exclusively the storing or marketing of agricultural products. Marketing of agricultural products shall include the functions involved in transferring title and in moving goods from producer to consumer, including buying, selling, processing, packing, storing, transporting, standardizing, financing, risk bearing and supplying market information.","text":{"0":{"id":"2490314","text":"Nothing in this article shall be construed as exempting any association from the payment of license, income, property or other taxes, state and local; and the designation of any such association in this article as nonprofit shall not be construed as exempting it from state income taxation, notwithstanding any other provision of law. For the privilege of storing or marketing agricultural products, an association shall, however, pay only an annual license fee of ten dollars which shall be in lieu of all other corporation, franchise and income taxes, taxes on capital, taxes and charges upon reserves held by the association, and all state and local license taxes on that part of its business which is solely and exclusively the storing or marketing of agricultural products. Marketing of agricultural products shall include the functions involved in transferring title and in moving goods from producer to consumer, including buying, selling, processing, packing, storing, transporting, standardizing, financing, risk bearing and supplying market information.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"45","name":"Agricultural Cooperative Associations","identifier":"2","label":"article","url":"\/13.1\/3\/2\/"},"2":{"id":"44","name":"Cooperative Associations","identifier":"3","label":"chapter","url":"\/13.1\/3\/"},"3":{"id":"43","name":"Corporations","identifier":"13.1","label":"title","url":"\/13.1\/"}},"structure_contents":{"0":{"id":"765647","structure_id":"45","section_number":"13.1-312","catch_line":"Declaration of policy [Not set out.]","url":"\/13.1-312\/","token":"13.1\/3\/2\/13.1-312"},"1":{"id":"768459","structure_id":"45","section_number":"13.1-313","catch_line":"Definitions","url":"\/13.1-313\/","token":"13.1\/3\/2\/13.1-313"},"2":{"id":"771631","structure_id":"45","section_number":"13.1-314","catch_line":"Qualification of incorporators","url":"\/13.1-314\/","token":"13.1\/3\/2\/13.1-314"},"3":{"id":"772539","structure_id":"45","section_number":"13.1-315","catch_line":"Purposes","url":"\/13.1-315\/","token":"13.1\/3\/2\/13.1-315"},"4":{"id":"777190","structure_id":"45","section_number":"13.1-316","catch_line":"Articles of incorporation","url":"\/13.1-316\/","token":"13.1\/3\/2\/13.1-316"},"5":{"id":"765514","structure_id":"45","section_number":"13.1-317","catch_line":"Filing and recording articles of incorporation","url":"\/13.1-317\/","token":"13.1\/3\/2\/13.1-317"},"6":{"id":"766131","structure_id":"45","section_number":"13.1-318","catch_line":"Amendments to the articles of incorporation","url":"\/13.1-318\/","token":"13.1\/3\/2\/13.1-318"},"7":{"id":"777903","structure_id":"45","section_number":"13.1-319","catch_line":"Bylaws","url":"\/13.1-319\/","token":"13.1\/3\/2\/13.1-319"},"8":{"id":"774156","structure_id":"45","section_number":"13.1-320","catch_line":"Powers","url":"\/13.1-320\/","token":"13.1\/3\/2\/13.1-320"},"9":{"id":"768916","structure_id":"45","section_number":"13.1-321","catch_line":"Members","url":"\/13.1-321\/","token":"13.1\/3\/2\/13.1-321"},"10":{"id":"792485","structure_id":"45","section_number":"13.1-322","catch_line":"Membership or voting stock certificates; transfers; dividends; nonvoting stock","url":"\/13.1-322\/","token":"13.1\/3\/2\/13.1-322"},"11":{"id":"783919","structure_id":"45","section_number":"13.1-323","catch_line":"General and special meetings; how called","url":"\/13.1-323\/","token":"13.1\/3\/2\/13.1-323"},"12":{"id":"786095","structure_id":"45","section_number":"13.1-324","catch_line":"Directors generally; executive committee","url":"\/13.1-324\/","token":"13.1\/3\/2\/13.1-324"},"13":{"id":"776216","structure_id":"45","section_number":"13.1-325","catch_line":"Removal of director","url":"\/13.1-325\/","token":"13.1\/3\/2\/13.1-325"},"14":{"id":"776682","structure_id":"45","section_number":"13.1-326","catch_line":"Officers generally","url":"\/13.1-326\/","token":"13.1\/3\/2\/13.1-326"},"15":{"id":"794919","structure_id":"45","section_number":"13.1-327","catch_line":"Removal of officer","url":"\/13.1-327\/","token":"13.1\/3\/2\/13.1-327"},"16":{"id":"794961","structure_id":"45","section_number":"13.1-328","catch_line":"Referendum","url":"\/13.1-328\/","token":"13.1\/3\/2\/13.1-328"},"17":{"id":"774004","structure_id":"45","section_number":"13.1-329","catch_line":"Marketing contracts; enforcement; inducing breach; spreading false reports","url":"\/13.1-329\/","token":"13.1\/3\/2\/13.1-329"},"18":{"id":"766095","structure_id":"45","section_number":"13.1-330","catch_line":"Recordation of marketing contracts","url":"\/13.1-330\/","token":"13.1\/3\/2\/13.1-330"},"19":{"id":"790101","structure_id":"45","section_number":"13.1-331","catch_line":"Associations are not in restraint of trade","url":"\/13.1-331\/","token":"13.1\/3\/2\/13.1-331"},"20":{"id":"766133","structure_id":"45","section_number":"13.1-332","catch_line":"Voluntary dissolution","url":"\/13.1-332\/","token":"13.1\/3\/2\/13.1-332"},"21":{"id":"778550","structure_id":"45","section_number":"13.1-333","catch_line":"Repealed","url":"\/13.1-333\/","token":"13.1\/3\/2\/13.1-333"},"22":{"id":"765022","structure_id":"45","section_number":"13.1-333.1","catch_line":"Annual reports","url":"\/13.1-333.1\/","token":"13.1\/3\/2\/13.1-333.1"},"23":{"id":"777837","structure_id":"45","section_number":"13.1-334","catch_line":"Application to existing associations","url":"\/13.1-334\/","token":"13.1\/3\/2\/13.1-334"},"24":{"id":"789288","structure_id":"45","section_number":"13.1-335","catch_line":"Saving clause","url":"\/13.1-335\/","token":"13.1\/3\/2\/13.1-335"},"25":{"id":"787882","structure_id":"45","section_number":"13.1-336","catch_line":"Limitations of the use of the word \"cooperative.\"","url":"\/13.1-336\/","token":"13.1\/3\/2\/13.1-336"},"26":{"id":"783954","structure_id":"45","section_number":"13.1-337","catch_line":"Foreign associations","url":"\/13.1-337\/","token":"13.1\/3\/2\/13.1-337"},"27":{"id":"790918","structure_id":"45","section_number":"13.1-338","catch_line":"Purchasing business of other associations, persons, firms or corporations; stock issued","url":"\/13.1-338\/","token":"13.1\/3\/2\/13.1-338"},"28":{"id":"796161","structure_id":"45","section_number":"13.1-339","catch_line":"Merger or consolidation","url":"\/13.1-339\/","token":"13.1\/3\/2\/13.1-339"},"29":{"id":"790067","structure_id":"45","section_number":"13.1-340","catch_line":"Sale, mortgage or other disposition of assets","url":"\/13.1-340\/","token":"13.1\/3\/2\/13.1-340"},"30":{"id":"772550","structure_id":"45","section_number":"13.1-341","catch_line":"Taxes","url":"\/13.1-341\/","token":"13.1\/3\/2\/13.1-341"},"31":{"id":"793618","structure_id":"45","section_number":"13.1-342","catch_line":"Repealed","url":"\/13.1-342\/","token":"13.1\/3\/2\/13.1-342"},"32":{"id":"786385","structure_id":"45","section_number":"13.1-343","catch_line":"Application of general corporation laws","url":"\/13.1-343\/","token":"13.1\/3\/2\/13.1-343"},"33":{"id":"765573","structure_id":"45","section_number":"13.1-344","catch_line":"Existing associations continued","url":"\/13.1-344\/","token":"13.1\/3\/2\/13.1-344"},"34":{"id":"781148","structure_id":"45","section_number":"13.1-345","catch_line":"Verification no longer required; signing instrument containing misstatement as perjury","url":"\/13.1-345\/","token":"13.1\/3\/2\/13.1-345"},"35":{"id":"773296","structure_id":"45","section_number":"13.1-346","catch_line":"Repealed","url":"\/13.1-346\/","token":"13.1\/3\/2\/13.1-346"}},"previous_section":{"id":"790067","structure_id":"45","section_number":"13.1-340","catch_line":"Sale, mortgage or other disposition of assets","url":"\/13.1-340\/","token":"13.1\/3\/2\/13.1-340"},"next_section":{"id":"793618","structure_id":"45","section_number":"13.1-342","catch_line":"Repealed","url":"\/13.1-342\/","token":"13.1\/3\/2\/13.1-342"},"references":false,"formats":{"txt":"\/13.1-341.txt","json":"\/13.1-341.json","xml":"\/13.1-341.xml"},"dublin_core":{"Title":"Taxes","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-341","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nTAXES (\u00a7 13.1-341)\n\nNothing in this article shall be construed as exempting any association from the\npayment of license, income, property or other taxes, state and local; and the\ndesignation of any such association in this article as nonprofit shall not be\nconstrued as exempting it from state income taxation, notwithstanding any other\nprovision of law. For the privilege of storing or marketing agricultural\nproducts, an association shall, however, pay only an annual license fee of ten\ndollars which shall be in lieu of all other corporation, franchise and income\ntaxes, taxes on capital, taxes and charges upon reserves held by the\nassociation, and all state and local license taxes on that part of its business\nwhich is solely and exclusively the storing or marketing of agricultural\nproducts. Marketing of agricultural products shall include the functions\ninvolved in transferring title and in moving goods from producer to consumer,\nincluding buying, selling, processing, packing, storing, transporting,\nstandardizing, financing, risk bearing and supplying market information.\n\nHISTORY: Code 1950, \u00a7 13-291; 1956, c. 428; 1982, c. 266."}