                                 CODE OF VIRGINIA

FOREIGN COOPERATIVES (§ 13.1-309.1)

A foreign cooperative whose purpose shall include one or more of the purposes
recognized for domestic cooperatives under this title or any other title of the
Code of Virginia shall be authorized to do business under the provisions of this
chapter by complying with the laws relating to foreign corporations doing
business in the Commonwealth. The foreign cooperative shall deliver to the
Commission the documents required by § 13.1-759 if a stock cooperative, or by
§ 13.1-921 if a nonstock cooperative along with a copy of the
cooperative&#8217;s bylaws. Upon such compliance, the foreign cooperative shall
have all the rights and privileges of a domestic cooperative. No foreign
cooperative association authorized to do business in this Commonwealth under the
provisions of this article shall conduct any business in this Commonwealth as a
public service company or exercise any privileges of such company.

HISTORY: 1992, c. 653; 1994, c. 217.