Virginia Code 56-231.40: Names.
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The words “electric cooperative” or “utility aggregation cooperative” shall not be used in the corporate name of any corporation other than those subject to this chapter, or their wholly owned subsidiaries.
Terms Used In Virginia Code 56-231.40
- 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.