§ 38.2-4206 Nonstock corporation required
Each plan shall be conducted either by or through (i) a nonstock corporation organized pursuant to the laws of this Commonwealth or (ii) a foreign nonstock corporation that is subject to regulation and licensing under the laws of its domiciliary jurisdiction that are substantially similar to those provided by this chapter. This section shall not apply to any foreign nonstock corporation already licensed in this Commonwealth as of July 1, 1980.
History
This law was first created in 1980. The record of its establishment is cataloged in chapter 682 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1980 “Acts” aren’t available online. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 1986, chapter 562.
1980, c. 682, § 38.1-813.2; 1986, c. 562.