{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-1607.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-1607.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-1607.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-1607.html"}],"law_id":69811,"edition_id":1,"section_id":69811,"structure_id":14697,"section_number":"2.2-1607","catch_line":"Nonstock corporation to assist small businesses","history":"2013, c. 482.","full_text":"The Department may establish a nonstock corporation under Chapter 10 (\u00a7 13.1-801 et seq.) of Title 13.1 as an instrumentality to assist the Department in providing support to the small business segment of the economy of the Commonwealth. The Department may do all things necessary to qualify such corporation as a certified development company under Subchapter V of the Small Business Investment Act of 1958 (15 U.S.C. \u00a7 695 et seq.), or any amendment or successor statute thereto, as well as regulations adopted thereunder by the U.S. Small Business Administration. Any action by the Department to establish such a corporation prior to July 1, 1986, is ratified and approved.","order_by":null,"text":{"0":{"id":252282,"text":"The Department may establish a nonstock corporation under Chapter 10 (\u00a7 13.1-801 et seq.) of Title 13.1 as an instrumentality to assist the Department in providing support to the small business segment of the economy of the Commonwealth. The Department may do all things necessary to qualify such corporation as a certified development company under Subchapter V of the Small Business Investment Act of 1958 (15 U.S.C. \u00a7 695 et seq.), or any amendment or successor statute thereto, as well as regulations adopted thereunder by the U.S. Small Business Administration. Any action by the Department to establish such a corporation prior to July 1, 1986, is ratified and approved.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14697,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":5,"order_by":1,"parent_id":14696,"metadata":{},"date_created":"2026-06-26 03:49:23","date_modified":"2026-06-26 03:49:23","permalink":{"id":173073,"object_type":"structure","relational_id":14697,"identifier":"1","token":"2.2\/I\/C\/16.1\/1","url":"\/2.2\/I\/C\/16.1\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14696,"edition_id":1,"name":"Department of Small Business and Supplier Diversity","identifier":"16.1","label":"chapter","depth":4,"order_by":1,"parent_id":13092,"metadata":{},"date_created":"2026-06-26 03:49:23","date_modified":"2026-06-26 03:49:23","permalink":{"id":173071,"object_type":"structure","relational_id":14696,"identifier":"16.1","token":"2.2\/I\/C\/16.1","url":"\/2.2\/I\/C\/16.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13092,"edition_id":1,"name":"State Agencies Related to the General Operation of Government","identifier":"C","label":"part","depth":3,"order_by":1,"parent_id":12784,"metadata":{},"date_created":"2026-06-26 03:44:16","date_modified":"2026-06-26 03:44:16","permalink":{"id":172453,"object_type":"structure","relational_id":13092,"identifier":"C","token":"2.2\/I\/C","url":"\/2.2\/I\/C\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12784,"edition_id":1,"name":"Organization of State Government","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12749,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":171455,"object_type":"structure","relational_id":12784,"identifier":"I","token":"2.2\/I","url":"\/2.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12749,"edition_id":1,"name":"Administration of Government","identifier":"2.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":171453,"object_type":"structure","relational_id":12749,"identifier":"2.2","token":"2.2","url":"\/2.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":74149,"structure_id":14697,"section_number":"2.2-1603","catch_line":"Department of Small Business and Supplier Diversity created; appointment of Director; offices; personnel","url":"\/2.2-1603\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1603","metadata":false},{"id":65884,"structure_id":14697,"section_number":"2.2-1604","catch_line":"Definitions","url":"\/2.2-1604\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1604","metadata":false},{"id":78558,"structure_id":14697,"section_number":"2.2-1605","catch_line":"Powers and duties of Department","url":"\/2.2-1605\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1605","metadata":false},{"id":73978,"structure_id":14697,"section_number":"2.2-1605.1","catch_line":"Mentorship program","url":"\/2.2-1605.1\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1605.1","metadata":false},{"id":64046,"structure_id":14697,"section_number":"2.2-1606","catch_line":"Powers of Director","url":"\/2.2-1606\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1606","metadata":false},{"id":69811,"structure_id":14697,"section_number":"2.2-1607","catch_line":"Nonstock corporation to assist small businesses","url":"\/2.2-1607\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1607","metadata":false},{"id":80454,"structure_id":14697,"section_number":"2.2-1608","catch_line":"Interdepartmental Board; cooperation with Department","url":"\/2.2-1608\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1608","metadata":false},{"id":56335,"structure_id":14697,"section_number":"2.2-1609","catch_line":"Use of vendors identified by public institutions of higher education as small, women-owned, and minority-owned businesses","url":"\/2.2-1609\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1609","metadata":false},{"id":80210,"structure_id":14697,"section_number":"2.2-1610","catch_line":"Reports and recommendations; collection of data","url":"\/2.2-1610\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1610","metadata":false}],"previous_section":{"id":64046,"structure_id":14697,"section_number":"2.2-1606","catch_line":"Powers of Director","url":"\/2.2-1606\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1606","metadata":false},"next_section":{"id":80454,"structure_id":14697,"section_number":"2.2-1608","catch_line":"Interdepartmental Board; cooperation with Department","url":"\/2.2-1608\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1608","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-1607\/","history_text":"

This law was first created in 2013. The record of its establishment is cataloged in chapter 482<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":76305,"section_number":"13.1-801","catch_line":"Short title","order_by":null,"url":"\/13.1-801\/"}],"permalink":{"id":173095,"object_type":"law","relational_id":69811,"identifier":"2.2-1607","token":"2.2\/I\/C\/16.1\/1\/2.2-1607","url":"\/2.2-1607\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-1607\/","token":"2.2\/I\/C\/16.1\/1\/2.2-1607","dublin_core":{"Title":"Nonstock corporation to assist small businesses","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-1607","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Department<\/span> may establish a nonstock corporation under Chapter 10 (\u00a7 13.1-801<\/a> et seq.) of Title 13.1 as an instrumentality to assist the Department<\/span> in providing support to the small business<\/span> segment of the economy of the Commonwealth. The Department<\/span> may do all things necessary to qualify such corporation as a certified development company under Subchapter V of the Small Business<\/span> Investment Act of 1958 (15 U.S.C. \u00a7 695 et seq.), or any amendment or successor statute<\/span> thereto, as well as regulations adopted thereunder by the U.S. Small Business<\/span> Administration. Any action by the Department<\/span> to establish such a corporation prior to July 1, 1986, is ratified and approved.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nNONSTOCK CORPORATION TO ASSIST SMALL BUSINESSES (\u00a7 2.2-1607)\n\nThe Department may establish a nonstock corporation under Chapter 10 (\u00a7\n13.1-801 et seq.) of Title 13.1 as an instrumentality to assist the Department\nin providing support to the small business segment of the economy of the\nCommonwealth. The Department may do all things necessary to qualify such\ncorporation as a certified development company under Subchapter V of the Small\nBusiness Investment Act of 1958 (15 U.S.C. \u00a7 695 et seq.), or any amendment or\nsuccessor statute thereto, as well as regulations adopted thereunder by the U.S.\nSmall Business Administration. Any action by the Department to establish such a\ncorporation prior to July 1, 1986, is ratified and approved.\n\nHISTORY: 2013, c. 482.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}