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Code · Virginia · Title 56 — Public Service Companies · Chapter 16

Code of Virginia § 56-500. Consolidation or merger.

65 words·~1 min read·/va/title-56/chapter-16/56-500

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any two or more cooperatives created under the provisions of this chapter may consolidate or merge into a single corporation in the manner prescribed by Title 13.1, which consolidated or merged corporation shall exercise all the powers and authority and shall be vested with all the rights, franchises and privileges of each of the corporations so consolidated or merged.
1950, p. 594; 1956, c. 434.
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