                                 CODE OF VIRGINIA

POWERS AND DUTIES GENERALLY (§ 12.1-12)

A. Subject to such requirements as may be prescribed by law, the Commission
shall be the department of government through which shall be issued all
charters, and amendments or extensions thereof, of domestic corporations and all
licenses of foreign corporations to do business in this Commonwealth. Except as
may be otherwise prescribed by law, the Commission shall be charged with the
duty of administering the laws made for the regulation and control of
corporations doing business in this Commonwealth. Subject to such criteria and
other requirements as may be prescribed by law, the Commission shall have the
power and be charged with the duty of regulating the rates, charges, services,
and facilities of all public service companies as defined in &#xA7; 56-1. The
Commission shall in proceedings before it insure that the interests of the
consumers of the Commonwealth are represented, unless the General Assembly
otherwise provides for representation of such interests. The Commission may
appoint such clerical force as may be deemed necessary to the efficiency of its
office, but the aggregate amount paid such clerks shall not exceed the sum
provided by law; and it may expend for the contingent expenses of its office
such sums as may be provided by law. The Commission shall have such other powers
and duties as may be prescribed by law.

B. 1. Upon request, the Commission may require any business (i) to disclose
whether it is an out-of-state business as defined in subsection A of §
44-146.28:2 and (ii) if the business states that it is such, to provide a
statement that includes the business&#8217;s name, state of domicile, principal
business address, federal tax identification number, date of entry into the
Commonwealth, local contact information, and contact information for any
affiliate of such business that has obtained from the Commission a certificate
of authority or registration to transact business in the Commonwealth.

   2. Upon request, the Commission may require any business entity that has
   obtained from the Commission a certificate of authority or registration to
   transact business in the Commonwealth to provide the information required in
   clause (ii) of subdivision 1 for any affiliate that is an out-of-state
   business as defined in subsection A of &#xA7; 44-146.28:2.

   3. The Commission shall maintain a record of such disclosures, statements, and
   information and shall make the record available to the public.

HISTORY: Code 1950, §§ 12-14, 14-11, 14-25; 1964, c. 386, § 14.1-13; 1970, c.
260; 1971, Ex. Sess., c. 157; 1998, c. 872; 2015, c. 595.