                                 CODE OF VIRGINIA

NONSTOCK CORPORATION REQUIRED (§ 38.2-4206)

Each plan shall be conducted either by or through (i) a nonstock corporation
organized pursuant to the laws of this Commonwealth or (ii) a foreign nonstock
corporation that is subject to regulation and licensing under the laws of its
domiciliary jurisdiction that are substantially similar to those provided by
this chapter.
		This section shall not apply to any foreign nonstock corporation already
licensed in this Commonwealth as of July 1, 1980.

HISTORY: 1980, c. 682, § 38.1-813.2; 1986, c. 562.