                                 CODE OF VIRGINIA

DEFINITIONS (§ 56-55)

The term &#8220;public service company&#8221; when used in this chapter shall
mean every person, firm, corporation or association, or their lessees, trustees
or receivers, other than a municipal corporation, now or hereafter engaged in
business in this Commonwealth as a public utility and subject to regulation as
to rates and service by the State Corporation Commission under the provisions of
Chapter 10 (§ 56-232 et seq.) of this title; however, the term shall not
include and the provisions of this chapter shall not be deemed to refer to
common carrier railroad companies, the issuance of the stocks and securities of
which are under regulation by the Interstate Commerce Commission.
		The term &#8220;total capitalization&#8221; as used in § 56-65.1 shall mean
total common stockholders&#8217; equity (common stock, additional paid-in
capital and retained earnings), preferred stock, and total debt (long- and
short-term debt) as shown on the utility&#8217;s books.
		The terms &#8220;securities&#8221; and &#8220;loan&#8221; as used in §§
56-68 and 56-75 shall include every obligation, written or otherwise, the
issuance of, or entry into, which is required to be approved or validated by
this chapter.

HISTORY: 1934, p. 221; Michie Code 1942, §§ 4073(1), 4073(16); 1984, c. 721;
1987, c. 479.