                                 CODE OF VIRGINIA

DEFINITIONS (§ 56-231.38)

As used in this article:
		&#8220;Affiliate&#8221; means a separate affiliated or subsidiary corporation
or other separate legal entity.
		&#8220;Board&#8221; means any board of directors of a cooperative formed under
or which becomes subject to this article.
		&#8220;Commission&#8221; means the State Corporation Commission of Virginia.
		&#8220;Cooperative&#8221; means a power supply cooperative formed under the
former Power Supply Cooperatives Act (§ 56-231.1 et seq.) or a utility
aggregation cooperative formed under this article or which becomes subject to
this article.
		&#8220;Energy&#8221; means and includes all energy, regardless of how or where
it is generated or produced.
		&#8220;HVACR&#8221; means heating, ventilation, air conditioning and
refrigeration.
		&#8220;Member&#8221; means any person that holds any class of membership in a
cooperative.
		&#8220;Obligations&#8221; means all evidences of indebtedness issued by or the
payment of which is assumed by a cooperative.
		&#8220;Patronage capital&#8221; includes all amounts received by a cooperative
from the sale of electric power to members in excess of the cooperative&#8217;s
cost of furnishing electric power to members and such other margins as
determined by the Board.
		&#8220;Person&#8221; means and includes natural persons, firms, associations,
cooperatives, corporations, limited liability companies, business trusts,
partnerships, limited liability partnerships and bodies politic.
		&#8220;Propane or fuel oil equipment&#8221; means equipment and related
systems to store or use propane or fuel oil products.
		&#8220;Regulated utility services&#8221; means utility services that are
subject to regulation as to rates or service by the Commission.
		&#8220;System&#8221; means any plant, works, facility, or property used or
useful in connection with the purchase, generation, sale or transmission of
energy, utility products and services, or both.
		&#8220;Traditional cooperative activity&#8221; means any business, service or
activity in which cooperatives in Virginia have traditionally engaged and that
is incidental to and substantially related to the electric utility business
conducted by a cooperative on or before July 1, 1999; provided, however, that
traditional cooperative activity does not include any program to (i) buy or
maintain an inventory of HVACR equipment or household appliances; (ii) install
or service any such equipment or household appliances for customers, unless such
service is not provided by the cooperative but by a third party individual, firm
or corporation licensed to perform such service; (iii) sell HVACR equipment or
household appliances to customers metered and billed on residential rates; (iv)
sell HVACR equipment to customers other than those metered and billed on
residential rates except where such sale is an incidental part of providing
other energy services or providing other traditional cooperative activities; (v)
sell or distribute propane or fuel oil; sell, install or service propane or fuel
oil equipment; or maintain or buy an inventory of propane or fuel oil equipment
for resale; or (vi) serve as a coordinator of nonelectric energy services or
provide engineering consulting services except when such energy or engineering
services are an incidental part of a marketing effort to provide other energy or
engineering services or as a part of providing services that are other
traditional cooperative activities.
		&#8220;Utility services&#8221; means any products, services, and equipment
related to energy, telecommunications, water and sewerage.

HISTORY: 1999, c. 874; 2000, cc. 944, 964, 989, 999.