Industrial Development Corporations
This is Chapter 11 of the Code of Virginia, titled “Industrial Development Corporations.” It is part of Title 13.1, titled “Corporations.” It’s comprised of the following 18 sections.
- § 13.1-981
- How chapter cited
- § 13.1-982
- Definitions
- § 13.1-983
- Incorporation
- § 13.1-984
- Corporate name
- § 13.1-985
- Governor to approve articles of incorporation
- § 13.1-986
- How funds may be derived
- § 13.1-987
- Restrictions on powers of corporation
- § 13.1-988
- Acquisition, transfer, etc., of securities and shares of corporation
- § 13.1-989
- Membership in corporation; loans from members
- § 13.1-990
- Shares and shareholders
- § 13.1-991
- Directors
- § 13.1-992
- Executive committee
- § 13.1-993
- Restrictions on amendments to articles of incorporation
- § 13.1-994
- Earned surplus
- § 13.1-995
- Members to have rights of shareholders
- § 13.1-996
- Corporation not authorized to receive money on deposit; deposit of funds of corporation
- § 13.1-997
- Books and records
- § 13.1-998
- Credit of Commonwealth not pledged