Virginia Code 56-531: Definitions
Current as of: 2023 | Check for updates
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As used in this chapter, which may be cited as the “Small Investor-Owned Telephone Utility Act”:
Terms Used In Virginia Code 56-531
- Commission: means the "State Corporation Commission. See Virginia Code 56-531
- 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.
“Commission” means the “State Corporation Commission.”
“Small investor-owned telephone utility” means any investor-owned public utility (other than a cooperative) which serves fewer than 100,000 access lines in Virginia and which owns, manages, or controls any plant or equipment or any part of a plant or equipment within the Commonwealth for the conveyance of telephone messages, either directly or indirectly, to or for the public.
1986, c. 337; 1987, c. 295; 1998, c. 64.