                                 CODE OF VIRGINIA

DEFINITIONS (§ 56-76)

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 and, subject to the conditions
specified therein, such companies as specified by the Commission pursuant to
subsection C of § 56-77; however, the term shall not include and the provisions
of this chapter shall not be deemed to refer to transportation companies subject
directly or indirectly to the control of the Interstate Commerce Commission.
		The term &#8220;affiliated interest&#8221; when used in this chapter shall
mean and include the following:

1. Every corporation, partnership, association, or person owning or holding
directly or indirectly ten percent or more of the voting securities of any
public service company engaged in any intrastate business in this Commonwealth.

2. Every corporation, partnership, association, or person, other than those
specified in subdivision 1 hereof, in any chain of successive ownership of ten
percent or more of voting securities, the chain beginning with the holder or
holders of the voting securities of such public service company.

3. Every corporation, partnership, association, or person ten percent or more of
whose voting securities are owned by any person, corporation, partnership, or
association owning ten percent or more of the voting securities of such public
service company or by any person, corporation, association, or partnership in
any such chain of successive ownership of ten percent or more of voting
securities.

4. Every corporation, partnership, association, or person with which such public
service company has a management or service contract.

5. Every corporation in which two or more of the corporate directors are common
to those of such public service company, or which is managed or supervised by
the same individual, group or corporation.

6. Every corporation or person which the Commission may determine as a matter of
fact after investigation and hearing is actually exercising any substantial
influence over the policies and actions of such public service company even
though such influence is not based upon stockholding, stockholders, directors or
officers to the extent specified in this section.

7. Every person or corporation which the Commission may determine as a matter of
fact after investigation and hearing is actually exercising such substantial
influence over the policies and action of such public service company in
conjunction with one or more other corporations or persons with which or whom
they are so connected or related by ownership or blood relationship or by action
in concert that when taken together they are affiliated with such public service
company within the meaning of this section even though no one of them alone is
so affiliated.
			But no such person or corporation shall be considered as affiliated within
the meaning of this section if such person or corporation shall not have had
transactions or dealings other than the holding of stock and the receipt of
dividends thereon with such public service company during the two-year period
next preceding.

HISTORY: 1934, p. 743; Michie Code 1942, § 3774(b); 1984, c. 721; 1987, c. 385;
1996, c. 19.