{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-4520.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-4520.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-4520.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-4520.html"}],"law_id":55429,"edition_id":1,"section_id":55429,"structure_id":14149,"section_number":"38.2-4520","catch_line":"Corporate restrictions","history":"1980, c. 682, \u00a7 38.1-909; 1986, c. 562.","full_text":"Any nonstock corporation subject to this chapter shall not engage in any other business. However, a nonstock corporation may assist in the administration of governmental health care programs in a manner provided for by contract or regulations. A nonstock corporation&#8217;s charter may provide for ex officio directors and directors elected by persons or associations who are not directors or members of the nonstock corporation.","order_by":null,"text":{"0":{"id":203205,"text":"Any nonstock corporation subject to this chapter shall not engage in any other business. However, a nonstock corporation may assist in the administration of governmental health care programs in a manner provided for by contract or regulations. A nonstock corporation&#8217;s charter may provide for ex officio directors and directors elected by persons or associations who are not directors or members of the nonstock corporation.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14149,"edition_id":1,"name":"Dental or Optometric Services Plans","identifier":"45","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:47:02","date_modified":"2026-06-26 03:47:02","permalink":{"id":217051,"object_type":"structure","relational_id":14149,"identifier":"45","token":"38.2\/45","url":"\/38.2\/45\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":59325,"structure_id":14149,"section_number":"38.2-4500","catch_line":"Applicability of chapter","url":"\/38.2-4500\/","token":"38.2\/45\/38.2-4500","metadata":false},{"id":78064,"structure_id":14149,"section_number":"38.2-4501","catch_line":"Definitions","url":"\/38.2-4501\/","token":"38.2\/45\/38.2-4501","metadata":false},{"id":73246,"structure_id":14149,"section_number":"38.2-4502","catch_line":"Dental services plans","url":"\/38.2-4502\/","token":"38.2\/45\/38.2-4502","metadata":false},{"id":59544,"structure_id":14149,"section_number":"38.2-4503","catch_line":"Optometric services plans","url":"\/38.2-4503\/","token":"38.2\/45\/38.2-4503","metadata":false},{"id":59439,"structure_id":14149,"section_number":"38.2-4504","catch_line":"Nonstock corporation 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license","url":"\/38.2-4518\/","token":"38.2\/45\/38.2-4518","metadata":false},{"id":65645,"structure_id":14149,"section_number":"38.2-4519","catch_line":"Licensing of agents","url":"\/38.2-4519\/","token":"38.2\/45\/38.2-4519","metadata":false},{"id":55429,"structure_id":14149,"section_number":"38.2-4520","catch_line":"Corporate restrictions","url":"\/38.2-4520\/","token":"38.2\/45\/38.2-4520","metadata":false},{"id":83904,"structure_id":14149,"section_number":"38.2-4521","catch_line":"Taxation","url":"\/38.2-4521\/","token":"38.2\/45\/38.2-4521","metadata":false},{"id":77097,"structure_id":14149,"section_number":"38.2-4522","catch_line":"Misleading applications or contracts","url":"\/38.2-4522\/","token":"38.2\/45\/38.2-4522","metadata":false},{"id":84644,"structure_id":14149,"section_number":"38.2-4523","catch_line":"Controversies involving subscription contracts","url":"\/38.2-4523\/","token":"38.2\/45\/38.2-4523","metadata":false}],"previous_section":{"id":65645,"structure_id":14149,"section_number":"38.2-4519","catch_line":"Licensing of agents","url":"\/38.2-4519\/","token":"38.2\/45\/38.2-4519","metadata":false},"next_section":{"id":83904,"structure_id":14149,"section_number":"38.2-4521","catch_line":"Taxation","url":"\/38.2-4521\/","token":"38.2\/45\/38.2-4521","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-4520\/","history_text":"<p>This law was first created in 1980. The record of its establishment is cataloged in chapter 682 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. Unfortunately, the 1980 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":217137,"object_type":"law","relational_id":55429,"identifier":"38.2-4520","token":"38.2\/45\/38.2-4520","url":"\/38.2-4520\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-4520\/","token":"38.2\/45\/38.2-4520","dublin_core":{"Title":"Corporate restrictions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-4520","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">nonstock corporation<\/span> subject to this chapter shall not engage in any other business. However, a <span class=\"dictionary\">nonstock corporation<\/span> may assist in the administration of governmental health care programs in a manner provided for by <span class=\"dictionary\">contract<\/span> or regulations. A <span class=\"dictionary\">nonstock corporation<\/span>&#8217;s charter may provide for ex officio directors and directors elected by <span class=\"dictionary\">persons<\/span> or associations who are not directors or members of the <span class=\"dictionary\">nonstock corporation<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCORPORATE RESTRICTIONS (\u00a7 38.2-4520)\n\nAny nonstock corporation subject to this chapter shall not engage in any other\nbusiness. However, a nonstock corporation may assist in the administration of\ngovernmental health care programs in a manner provided for by contract or\nregulations. A nonstock corporation&#8217;s charter may provide for ex officio\ndirectors and directors elected by persons or associations who are not directors\nor members of the nonstock corporation.\n\nHISTORY: 1980, c. 682, \u00a7 38.1-909; 1986, c. 562.","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}}