{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/56-486.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/56-486.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/56-486.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/56-486.html"}],"law_id":85481,"edition_id":1,"section_id":85481,"structure_id":14091,"section_number":"56-486","catch_line":"Who may form cooperative; purpose","history":"1950, p. 588; 1956, c. 434.","full_text":"Any number of natural persons not less than five may, by executing, filing and recording a certificate as hereinafter set forth, form a cooperative, either with or without capital stock, not organized for pecuniary profit, for the purpose of promoting and encouraging the fullest possible use of telephone service by making telephone service and facilities available at the lowest cost consistent with sound economy and prudent management of the business of such cooperatives.","order_by":null,"text":{"0":{"id":306229,"text":"Any number of natural persons not less than five may, by executing, filing and recording a certificate as hereinafter set forth, form a cooperative, either with or without capital stock, not organized for pecuniary profit, for the purpose of promoting and encouraging the fullest possible use of telephone service by making telephone service and facilities available at the lowest cost consistent with sound economy and prudent management of the business of such cooperatives.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14091,"edition_id":1,"name":"Telephone Cooperatives Act","identifier":"16","label":"chapter","depth":2,"order_by":1,"parent_id":12881,"metadata":{},"date_created":"2026-06-26 03:46:51","date_modified":"2026-06-26 03:46:51","permalink":{"id":250125,"object_type":"structure","relational_id":14091,"identifier":"16","token":"56\/16","url":"\/56\/16\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12881,"edition_id":1,"name":"Public Service Companies","identifier":"56","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":248473,"object_type":"structure","relational_id":12881,"identifier":"56","token":"56","url":"\/56\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":63853,"structure_id":14091,"section_number":"56-485","catch_line":"Short title","url":"\/56-485\/","token":"56\/16\/56-485","metadata":false},{"id":85481,"structure_id":14091,"section_number":"56-486","catch_line":"Who may form cooperative; 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conflicting laws","url":"\/56-506\/","token":"56\/16\/56-506","metadata":false},{"id":55217,"structure_id":14091,"section_number":"56-507","catch_line":"Adoption of provisions by existing corporation","url":"\/56-507\/","token":"56\/16\/56-507","metadata":false},{"id":81225,"structure_id":14091,"section_number":"56-508","catch_line":"Extension of service to territory not being served","url":"\/56-508\/","token":"56\/16\/56-508","metadata":false}],"previous_section":{"id":63853,"structure_id":14091,"section_number":"56-485","catch_line":"Short title","url":"\/56-485\/","token":"56\/16\/56-485","metadata":false},"next_section":{"id":70906,"structure_id":14091,"section_number":"56-487","catch_line":"Definitions","url":"\/56-487\/","token":"56\/16\/56-487","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-486\/","history_text":"<p>The record of this law\u2019s original creation isn\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 1956, chapter 434.<\/p>","references":false,"refers_to":false,"permalink":{"id":250131,"object_type":"law","relational_id":85481,"identifier":"56-486","token":"56\/16\/56-486","url":"\/56-486\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/56-486\/","token":"56\/16\/56-486","dublin_core":{"Title":"Who may form cooperative; purpose","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-486","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any number of natural <span class=\"dictionary\">persons<\/span> not less than five may, by executing, filing and recording a certificate as hereinafter set forth, form a <span class=\"dictionary\">cooperative<\/span>, either with or without capital stock, not organized for pecuniary profit, for the purpose of promoting and encouraging the fullest possible use of <span class=\"dictionary\">telephone service<\/span> by making <span class=\"dictionary\">telephone service<\/span> and facilities available at the lowest cost consistent with sound economy and prudent management of the business of such <span class=\"dictionary\">cooperatives<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nWHO MAY FORM COOPERATIVE; PURPOSE (\u00a7 56-486)\n\nAny number of natural persons not less than five may, by executing, filing and\nrecording a certificate as hereinafter set forth, form a cooperative, either\nwith or without capital stock, not organized for pecuniary profit, for the\npurpose of promoting and encouraging the fullest possible use of telephone\nservice by making telephone service and facilities available at the lowest cost\nconsistent with sound economy and prudent management of the business of such\ncooperatives.\n\nHISTORY: 1950, p. 588; 1956, c. 434.","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}}