Terms Used In Virginia Code > Title 56 > Chapter 9.1 > Article 2 - Utility Aggregation Cooperatives Act

• Affiliate: means a separate affiliated or subsidiary corporation or other separate legal entity. See Virginia Code 56-231.38
• Board: means any board of directors of a cooperative formed under or which becomes subject to this article. See Virginia Code 56-231.38
• Commission: means the State Corporation Commission of Virginia. See Virginia Code 56-231.38
• 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.
• Cooperative: means a power supply cooperative formed under the former Power Supply Cooperatives Act (§ 56-231. See Virginia Code 56-231.38
• 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.
• Energy: means and includes all energy, regardless of how or where it is generated or produced. See Virginia Code 56-231.38
• 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.
• HVACR: means heating, ventilation, air conditioning and refrigeration. See Virginia Code 56-231.38
• 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}
• Member: means any person that holds any class of membership in a cooperative. See Virginia Code 56-231.38
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Obligations: means all evidences of indebtedness issued by or the payment of which is assumed by a cooperative. See Virginia Code 56-231.38
• Patronage capital: includes all amounts received by a cooperative from the sale of electric power to members in excess of the cooperative's cost of furnishing electric power to members and such other margins as determined by the Board. See Virginia Code 56-231.38
• Person: means and includes natural persons, firms, associations, cooperatives, corporations, limited liability companies, business trusts, partnerships, limited liability partnerships and bodies politic. See Virginia Code 56-231.38
• Propane or fuel oil equipment: means equipment and related systems to store or use propane or fuel oil products. See Virginia Code 56-231.38
• 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.
• Regulated utility services: means utility services that are subject to regulation as to rates or service by the Commission. See Virginia Code 56-231.38
• 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.
• System: means any plant, works, facility, or property used or useful in connection with the purchase, generation, sale or transmission of energy, utility products and services, or both. See Virginia Code 56-231.38
• Traditional cooperative activity: means any business, service or activity in which cooperatives in Virginia have traditionally engaged and that is incidental to and substantially related to the electric utility business conducted by a cooperative on or before July 1, 1999; provided, however, that traditional cooperative activity does not include any program to (i) buy or maintain an inventory of HVACR equipment or household appliances; (ii) install or service any such equipment or household appliances for customers, unless such service is not provided by the cooperative but by a third party individual, firm or corporation licensed to perform such service; (iii) sell HVACR equipment or household appliances to customers metered and billed on residential rates; (iv) sell HVACR equipment to customers other than those metered and billed on residential rates except where such sale is an incidental part of providing other energy services or providing other traditional cooperative activities; (v) sell or distribute propane or fuel oil; sell, install or service propane or fuel oil equipment; or maintain or buy an inventory of propane or fuel oil equipment for resale; or (vi) serve as a coordinator of nonelectric energy services or provide engineering consulting services except when such energy or engineering services are an incidental part of a marketing effort to provide other energy or engineering services or as a part of providing services that are other traditional cooperative activities. See Virginia Code 56-231.38
• Utility services: means any products, services, and equipment related to energy, telecommunications, water and sewerage. See Virginia Code 56-231.38