Code of Virginia § 15.2-5327. Powers of nonstock corporations.
47 words·~1 min read·
/va/title-15-2/chapter-53/15-2-5327A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An authority shall have all powers granted to corporations under the provisions of § 13.1-826 , including, without limitation, the power to own or control stock and nonstock subsidiaries.
Code 1950, § 32-240.1; 1970, c. 554, § 15.1-1561; 1979, c. 719; 1986, c. 347; 1997, c. 587.