Virginia Code 38.2-4207: Existing foreign nonstock corporation
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Any foreign nonstock corporation licensed in the Commonwealth as of July 1, 1980, may conduct a plan directly.
Terms Used In Virginia Code 38.2-4207
- 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.
- plan: means any arrangement for offering or administering health services or similar or related services by a nonstock corporation licensed under this chapter. See Virginia Code 38.2-4201
1980, c. 682, § 38.1-813.3; 1986, c. 562.