Virginia Code 59.1-123: Exemptions from article
The provisions of this article shall not apply to:
Terms Used In Virginia Code 59.1-123
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
1. The sale of secondhand material mentioned in § 59.1-117 taken from premises occupied by the owner, when sold by such owner on the premises, or the sale of such articles when purchased from a public utility corporation at its place of business or a governmental agency;
2. Scrap metal purchasers as provided in Article 4 (§ 59.1-136.1 et seq.);
3. Authorized scrap sellers;
4. Public utilities;
5. Public transportation companies;
6. Peddlers permitted under § 59.1-118;
7. Industrial and manufacturing companies;
8. Marine, automobile, and aircraft salvage and wrecking companies;
9. Governmental entities; or
10. The donation of secondhand material mentioned in § 59.1-117 by the material’s owner or the owner’s contractor or subcontractor to a nonprofit corporation as defined in § 501(c)(3) of the U.S. Internal Revenue Code or the sale of such donated material by such a nonprofit corporation.
Code 1950, § 59-151; 1968, c. 439; 2007, c. 917; 2011, c. 836; 2013, c. 414; 2015, c. 626.