{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/56-75.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/56-75.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/56-75.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/56-75.html"}],"law_id":69201,"edition_id":1,"section_id":69201,"structure_id":13407,"section_number":"56-75","catch_line":"Fees in connection with applications for authority to issue securities","history":"1934, p. 226; Michie Code 1942, \u00a7 4073(16); 1956, c. 429.","full_text":"Upon the filing of an application for the approval of any issue of securities or the making of any loan under the provisions of this chapter, a filing fee in the amount of $25 shall be paid, and upon the approval or validation of any such issue of securities or upon the approval or validation of the making of any such loan, and as a condition precedent to the entry of the order of approval or validation, there shall be paid an additional fee equal to one tenth of one percent of the proposed selling price of the securities and the amount of the loan, subject to credit by the amount of such filing fee, and limited, as to any one issue of securities, whether issued at once or from time to time, and as to any one loan to the amount of $250.\n\t\tA public service company may seek approval in one application of more than one issue of securities and more than one loan. In that event, the filing fee shall be twenty-five dollars, and the additional fees shall be computed as if all the issues and loans were one issue or one loan.\n\t\tA public service company that has paid filing fees and additional fees aggregating $250 on account of the approval of loans from the United States may apply for the approval of further loans from the United States on payment of a filing fee and without payment of additional fees.\n\t\tA filing fee shall in no case be returnable, but additional fees paid in advance of approval shall be returned, in whole or in part, should the application be withdrawn or modified or disapproved in whole or in part.","order_by":null,"text":{"0":{"id":250378,"text":"Upon the filing of an application for the approval of any issue of securities or the making of any loan under the provisions of this chapter, a filing fee in the amount of $25 shall be paid, and upon the approval or validation of any such issue of securities or upon the approval or validation of the making of any such loan, and as a condition precedent to the entry of the order of approval or validation, there shall be paid an additional fee equal to one tenth of one percent of the proposed selling price of the securities and the amount of the loan, subject to credit by the amount of such filing fee, and limited, as to any one issue of securities, whether issued at once or from time to time, and as to any one loan to the amount of $250.\n\t\tA public service company may seek approval in one application of more than one issue of securities and more than one loan. In that event, the filing fee shall be twenty-five dollars, and the additional fees shall be computed as if all the issues and loans were one issue or one loan.\n\t\tA public service company that has paid filing fees and additional fees aggregating $250 on account of the approval of loans from the United States may apply for the approval of further loans from the United States on payment of a filing fee and without payment of additional fees.\n\t\tA filing fee shall in no case be returnable, but additional fees paid in advance of approval shall be returned, in whole or in part, should the application be withdrawn or modified or disapproved in whole or in part.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13407,"edition_id":1,"name":"Issuance of Stocks, Bonds, Etc.","identifier":"3","label":"chapter","depth":2,"order_by":1,"parent_id":12881,"metadata":{},"date_created":"2026-06-26 03:44:50","date_modified":"2026-06-26 03:44:50","permalink":{"id":250983,"object_type":"structure","relational_id":13407,"identifier":"3","token":"56\/3","url":"\/56\/3\/","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":63393,"structure_id":13407,"section_number":"56-55","catch_line":"Definitions","url":"\/56-55\/","token":"56\/3\/56-55","metadata":false},{"id":79449,"structure_id":13407,"section_number":"56-56","catch_line":"Issue of securities a special privilege subject to regulation","url":"\/56-56\/","token":"56\/3\/56-56","metadata":false},{"id":61976,"structure_id":13407,"section_number":"56-57","catch_line":"Securities to which chapter is applicable","url":"\/56-57\/","token":"56\/3\/56-57","metadata":false},{"id":67371,"structure_id":13407,"section_number":"56-58","catch_line":"Purposes for which stock, etc., may issue","url":"\/56-58\/","token":"56\/3\/56-58","metadata":false},{"id":55890,"structure_id":13407,"section_number":"56-59","catch_line":"Order required before acting as surety, guarantor, etc","url":"\/56-59\/","token":"56\/3\/56-59","metadata":false},{"id":63271,"structure_id":13407,"section_number":"56-60","catch_line":"Application for order authorizing issuance of securities or assumption of liabilities","url":"\/56-60\/","token":"56\/3\/56-60","metadata":false},{"id":60189,"structure_id":13407,"section_number":"56-61","catch_line":"Action of Commission on such application","url":"\/56-61\/","token":"56\/3\/56-61","metadata":false},{"id":76140,"structure_id":13407,"section_number":"56-62","catch_line":"Joint action with commission of another state","url":"\/56-62\/","token":"56\/3\/56-62","metadata":false},{"id":56885,"structure_id":13407,"section_number":"56-63","catch_line":"Appeal from decision of Commission on issuance of securities","url":"\/56-63\/","token":"56\/3\/56-63","metadata":false},{"id":64916,"structure_id":13407,"section_number":"56-64","catch_line":"Repealed","url":"\/56-64\/","token":"56\/3\/56-64","metadata":false},{"id":69084,"structure_id":13407,"section_number":"56-65","catch_line":"Exceptions as to issue of stock, etc., in treasury, etc","url":"\/56-65\/","token":"56\/3\/56-65","metadata":false},{"id":77168,"structure_id":13407,"section_number":"56-65.1","catch_line":"Short-term indebtedness","url":"\/56-65.1\/","token":"56\/3\/56-65.1","metadata":false},{"id":67701,"structure_id":13407,"section_number":"56-65.2","catch_line":"Repealed","url":"\/56-65.2\/","token":"56\/3\/56-65.2","metadata":false},{"id":71883,"structure_id":13407,"section_number":"56-66","catch_line":"No authority to capitalize permit, franchise or contract for consolidation","url":"\/56-66\/","token":"56\/3\/56-66","metadata":false},{"id":81486,"structure_id":13407,"section_number":"56-67","catch_line":"Issuance of securities or assumption of liability void if order not obtained","url":"\/56-67\/","token":"56\/3\/56-67","metadata":false},{"id":82637,"structure_id":13407,"section_number":"56-67.1","catch_line":"Validity of authorized securities","url":"\/56-67.1\/","token":"56\/3\/56-67.1","metadata":false},{"id":54376,"structure_id":13407,"section_number":"56-68","catch_line":"No licensed salesman required when securities approved under this chapter","url":"\/56-68\/","token":"56\/3\/56-68","metadata":false},{"id":75000,"structure_id":13407,"section_number":"56-69","catch_line":"Purposes to which proceeds of security issues may be applied","url":"\/56-69\/","token":"56\/3\/56-69","metadata":false},{"id":80612,"structure_id":13407,"section_number":"56-70","catch_line":"Accounting for disposition of proceeds of issue of securities","url":"\/56-70\/","token":"56\/3\/56-70","metadata":false},{"id":78258,"structure_id":13407,"section_number":"56-71","catch_line":"Violations of provisions of chapter; penalty","url":"\/56-71\/","token":"56\/3\/56-71","metadata":false},{"id":67116,"structure_id":13407,"section_number":"56-72","catch_line":"Acts of officers, etc., bind company","url":"\/56-72\/","token":"56\/3\/56-72","metadata":false},{"id":86562,"structure_id":13407,"section_number":"56-73","catch_line":"Penalty as to officers, etc., for violation of provisions of chapter","url":"\/56-73\/","token":"56\/3\/56-73","metadata":false},{"id":84419,"structure_id":13407,"section_number":"56-74","catch_line":"State not obligated to pay or guarantee","url":"\/56-74\/","token":"56\/3\/56-74","metadata":false},{"id":69201,"structure_id":13407,"section_number":"56-75","catch_line":"Fees in connection with applications for authority to issue securities","url":"\/56-75\/","token":"56\/3\/56-75","metadata":false}],"previous_section":{"id":84419,"structure_id":13407,"section_number":"56-74","catch_line":"State not obligated to pay or guarantee","url":"\/56-74\/","token":"56\/3\/56-74","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-75\/","history_text":"

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 429.<\/p>","references":[{"id":63393,"section_number":"56-55","catch_line":"Definitions","order_by":null,"url":"\/56-55\/"}],"refers_to":false,"permalink":{"id":251077,"object_type":"law","relational_id":69201,"identifier":"56-75","token":"56\/3\/56-75","url":"\/56-75\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/56-75\/","token":"56\/3\/56-75","dublin_core":{"Title":"Fees in connection with applications for authority to issue securities","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-75","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Upon the filing of an application for the approval of any issue<\/span> of securities<\/span> or the making of any loan<\/span> under the provisions of this chapter, a filing fee in the amount of $25 shall be paid, and upon the approval or validation of any such issue<\/span> of securities<\/span> or upon the approval or validation of the making of any such loan<\/span>, and as a condition precedent<\/span> to the entry of the order<\/span> of approval or validation, there shall be paid an additional fee equal to one tenth of one percent of the proposed selling price of the securities<\/span> and the amount of the loan<\/span>, subject to credit by the amount of such filing fee, and limited, as to any one issue<\/span> of securities<\/span>, whether issued at once or from time to time, and as to any one loan<\/span> to the amount of $250.\n\t\tA public service company<\/span> may seek approval in one application of more than one issue<\/span> of securities<\/span> and more than one loan<\/span>. In that event, the filing fee shall be twenty-five dollars, and the additional fees shall be computed as if all the issues<\/span> and loans<\/span> were one issue<\/span> or one loan<\/span>.\n\t\tA public service company<\/span> that has paid filing fees and additional fees aggregating $250 on account of the approval of loans<\/span> from the United States may apply for the approval of further loans<\/span> from the United States on payment of a filing fee and without payment of additional fees.\n\t\tA filing fee shall in no case be returnable, but additional fees paid in advance of approval shall be returned, in whole or in part, should the application be withdrawn or modified or disapproved in whole or in part.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nFEES IN CONNECTION WITH APPLICATIONS FOR AUTHORITY TO ISSUE SECURITIES (\u00a7\n56-75)\n\nUpon the filing of an application for the approval of any issue of securities or\nthe making of any loan under the provisions of this chapter, a filing fee in the\namount of $25 shall be paid, and upon the approval or validation of any such\nissue of securities or upon the approval or validation of the making of any such\nloan, and as a condition precedent to the entry of the order of approval or\nvalidation, there shall be paid an additional fee equal to one tenth of one\npercent of the proposed selling price of the securities and the amount of the\nloan, subject to credit by the amount of such filing fee, and limited, as to any\none issue of securities, whether issued at once or from time to time, and as to\nany one loan to the amount of $250.\n\t\tA public service company may seek approval in one application of more than one\nissue of securities and more than one loan. In that event, the filing fee shall\nbe twenty-five dollars, and the additional fees shall be computed as if all the\nissues and loans were one issue or one loan.\n\t\tA public service company that has paid filing fees and additional fees\naggregating $250 on account of the approval of loans from the United States may\napply for the approval of further loans from the United States on payment of a\nfiling fee and without payment of additional fees.\n\t\tA filing fee shall in no case be returnable, but additional fees paid in\nadvance of approval shall be returned, in whole or in part, should the\napplication be withdrawn or modified or disapproved in whole or in part.\n\nHISTORY: 1934, p. 226; Michie Code 1942, \u00a7 4073(16); 1956, c. 429.","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}}