                                 CODE OF VIRGINIA

INTERPLAN ARRANGEMENTS (§ 38.2-4220)

A nonstock corporation may enter into contracts with similar nonstock
corporations for the interchange of services to those included in subscription
contracts and may provide in subscription contracts for the substitution of
services instead of those recited in its subscription contracts. However, no
corporation shall enter into any contract to acquire or to attempt to acquire
control, as defined in § 38.2-1322, of any person or enter into any material
transaction, as defined in § 38.2-1322, if such contract or transaction would
jeopardize or adversely affect the interests of the corporation&#8217;s
subscribers as determined by the Commission.

HISTORY: Code 1950, § 32-195.10; 1956, c. 268, § 38.1-823; 1979, c. 721; 1986,
c. 562.