{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/56-9.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/56-9.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/56-9.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/56-9.html"}],"law_id":67185,"edition_id":1,"section_id":67185,"structure_id":16357,"section_number":"56-9","catch_line":"Sale of public service corporation under deed of trust; how purchaser may form new corporation","history":"Code 1919, \u00a7 3895.","full_text":"If a sale be made under a deed of trust or mortgage, executed by a public service corporation, on all its works and property, and there be a conveyance pursuant thereto, such sale and conveyance shall pass to the purchaser at the sale not only the works and property of the company as they were at the time of making the deed of trust or mortgage, but any works which the company may, after that time and before the sale, having constructed, and all other property of which it may be possessed at the time of the sale other than debts due to it. Upon such conveyance to the purchaser, the company shall ipso facto be dissolved, and the purchaser shall become a corporation by any name which may be set forth in the conveyance, upon complying with the provisions of \u00a7 13.1-604.1.","order_by":null,"text":{"0":{"id":243562,"text":"If a sale be made under a deed of trust or mortgage, executed by a public service corporation, on all its works and property, and there be a conveyance pursuant thereto, such sale and conveyance shall pass to the purchaser at the sale not only the works and property of the company as they were at the time of making the deed of trust or mortgage, but any works which the company may, after that time and before the sale, having constructed, and all other property of which it may be possessed at the time of the sale other than debts due to it. Upon such conveyance to the purchaser, the company shall ipso facto be dissolved, and the purchaser shall become a corporation by any name which may be set forth in the conveyance, upon complying with the provisions of \u00a7 13.1-604.1.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16357,"edition_id":1,"name":"Foreclosure Sales and Dissolution","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":13586,"metadata":{},"date_created":"2026-06-26 04:14:52","date_modified":"2026-06-26 04:14:52","permalink":{"id":248539,"object_type":"structure","relational_id":16357,"identifier":"2","token":"56\/1\/2","url":"\/56\/1\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13586,"edition_id":1,"name":"General Provisions","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":12881,"metadata":{},"date_created":"2026-06-26 03:45:19","date_modified":"2026-06-26 03:45:19","permalink":{"id":248475,"object_type":"structure","relational_id":13586,"identifier":"1","token":"56\/1","url":"\/56\/1\/","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":84171,"structure_id":16357,"section_number":"56-10","catch_line":"Effect of such sale; date for meeting of stockholders","url":"\/56-10\/","token":"56\/1\/2\/56-10","metadata":false},{"id":82188,"structure_id":16357,"section_number":"56-11","catch_line":"Debts and claims against corporation so sold","url":"\/56-11\/","token":"56\/1\/2\/56-11","metadata":false},{"id":71852,"structure_id":16357,"section_number":"56-12","catch_line":"Works and property sold under court decree subject to provisions of three preceding sections","url":"\/56-12\/","token":"56\/1\/2\/56-12","metadata":false},{"id":79742,"structure_id":16357,"section_number":"56-13","catch_line":"Effect of dissolution of public service corporation","url":"\/56-13\/","token":"56\/1\/2\/56-13","metadata":false},{"id":67185,"structure_id":16357,"section_number":"56-9","catch_line":"Sale of public service corporation under deed of trust; how purchaser may form new corporation","url":"\/56-9\/","token":"56\/1\/2\/56-9","metadata":false}],"previous_section":{"id":79742,"structure_id":16357,"section_number":"56-13","catch_line":"Effect of dissolution of public service corporation","url":"\/56-13\/","token":"56\/1\/2\/56-13","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-9\/","history_text":false,"references":[{"id":71852,"section_number":"56-12","catch_line":"Works and property sold under court decree subject to provisions of three preceding sections","order_by":null,"url":"\/56-12\/"}],"refers_to":[{"id":79230,"section_number":"13.1-604.1","catch_line":"Filings with the Commission pursuant to reorganization","order_by":null,"url":"\/13.1-604.1\/"}],"permalink":{"id":248557,"object_type":"law","relational_id":67185,"identifier":"56-9","token":"56\/1\/2\/56-9","url":"\/56-9\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/56-9\/","token":"56\/1\/2\/56-9","dublin_core":{"Title":"Sale of public service corporation under deed of trust; how purchaser may form new corporation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-9","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

If a sale be made under a deed of trust or mortgage, executed by a public service corporation<\/span>, on all its works and property, and there be a conveyance pursuant thereto, such sale and conveyance shall pass to the purchaser at the sale not only the works and property of the company<\/span> as they were at the time of making the deed of trust or mortgage, but any works which the company<\/span> may, after that time and before the sale, having constructed, and all other property of which it may be possessed at the time of the sale other than debts due to it. Upon such conveyance to the purchaser, the company<\/span> shall ipso facto be dissolved, and the purchaser shall become a corporation by any name which may be set forth in the conveyance, upon complying with the provisions of \u00a7 13.1-604.1<\/a>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nSALE OF PUBLIC SERVICE CORPORATION UNDER DEED OF TRUST; HOW PURCHASER MAY FORM\nNEW CORPORATION (\u00a7 56-9)\n\nIf a sale be made under a deed of trust or mortgage, executed by a public\nservice corporation, on all its works and property, and there be a conveyance\npursuant thereto, such sale and conveyance shall pass to the purchaser at the\nsale not only the works and property of the company as they were at the time of\nmaking the deed of trust or mortgage, but any works which the company may, after\nthat time and before the sale, having constructed, and all other property of\nwhich it may be possessed at the time of the sale other than debts due to it.\nUpon such conveyance to the purchaser, the company shall ipso facto be\ndissolved, and the purchaser shall become a corporation by any name which may be\nset forth in the conveyance, upon complying with the provisions of \u00a7\n13.1-604.1.\n\nHISTORY: Code 1919, \u00a7 3895.","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}}