§ 56-231.15 Definitions
§ 56-231.16 Organization; purpose
§ 56-231.17 Articles of incorporation
§ 56-231.18 Name of other corporations not to include term “electric cooperative” or “utility consumer services cooperative.”
§ 56-231.19 Filing articles of incorporation; effect thereof; other provisions of law applicable
§ 56-231.21 Dissolution and termination of cooperatives
§ 56-231.22 Charter amendments
§ 56-231.23 General powers granted
§ 56-231.24 Power to dispose of property
§ 56-231.25 Power to issue obligations
§ 56-231.26 Covenants in connection with obligations
§ 56-231.27 Power to purchase its own obligations
§ 56-231.28 Board of directors of cooperatives
§ 56-231.29 Powers of board of directors
§ 56-231.30 Rights and liabilities of members
§ 56-231.31 Payment of certain patronage capital to spouse or next of kin of deceased person
§ 56-231.31:1 Donation of certain patronage capital to the cooperative
§ 56-231.32 Service to members
§ 56-231.33 Adequate service; rates
§ 56-231.34 Regulation by Commission
§ 56-231.34:1 Separation of regulated and unregulated businesses
§ 56-231.34:2 Right of action; violation of rules or regulations
§ 56-231.35 Charter fees, etc.
§ 56-231.36 Construction of article; conflicting laws
§ 56-231.37 How article cited

Terms Used In Virginia Code > Title 56 > Chapter 9.1 > Article 1 - Utility Consumer Services Cooperatives Act

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • City: means an independent incorporated community which became a city as provided by law before noon on July 1, 1971, or which has within defined boundaries a population of 5,000 or more and which has become a city as provided by law. See Virginia Code 1-208
  • Commission: means the State Corporation Commission. See Virginia Code 56-1
  • company: includes all corporations created by acts of the General Assembly of Virginia, or under the general incorporation laws of this Commonwealth, or doing business therein, and shall exclude all municipal corporations, other political subdivisions, and public institutions owned or controlled by the Commonwealth. See Virginia Code 56-1
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Includes: means includes, but not limited to. See Virginia Code 1-218
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes individuals, partnerships, limited liability companies, and corporations. See Virginia Code 56-1
  • public service company: includes gas, pipeline, electric light, heat, power and water supply companies, sewer companies, telephone companies, and all persons authorized to transport passengers or property as a common carrier. See Virginia Code 56-1
  • Quorum: The number of legislators that must be present to do business.
  • Rate: means rate charged for any service rendered or to be rendered. See Virginia Code 56-1
  • regulation: include joint rates, joint charges and joint regulations, respectively. See Virginia Code 56-1
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
  • Statute: A law passed by a legislature.
  • Town: means any existing town or an incorporated community within one or more counties which became a town before noon, July 1, 1971, as provided by law or which has within defined boundaries a population of 1,000 or more and which has become a town as provided by law. See Virginia Code 1-254
  • United States: includes the 50 states, the District of Columbia the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands and the United States Virgin Islands. See Virginia Code 1-255