Issuance of Stocks, Bonds, Etc.
This is the 2025 edition of the code. There is not the current edition. Browse all editions.
This is Chapter 3 of the Code of Virginia, titled “Issuance of Stocks, Bonds, Etc..” It is part of Title 56 “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Repealed |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Repealed |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 |