                                 CODE OF VIRGINIA

APPLICATION OR PETITION BY PUBLIC SERVICE COMPANY AND AFFILIATES; HEARING;
ACTION OF COMMISSION; CONDITIONS IMPOSED ON FOREIGN CORPORATIONS (§ 56-84)

In every case wherein the approval of the Commission is required of any
contract, arrangement, loan, extension or renewal thereof, assumption of
obligation or liability, renewal or extension thereof, or any transaction or
act, an application or petition, duly executed and verified by any such public
service company and by each and every corporation, partnership, association or
person constituting an affiliated interest, who are parties to such transaction
or act, shall be presented to and filed with the Commission which, upon hearing,
either formal or informal, as may be determined by the Commission, may, in
addition to passing upon the propriety of the proposed transaction or act
subject to approval under this chapter, pass upon all questions of jurisdiction
of the Commission and upon whether any party is, as a matter of fact and law, an
affiliated interest. And in any such proceeding the Commission may require, as a
condition precedent to an approval or action upon the proposed transaction or
act, any other corporation, partnership, association or person which it appears
to the Commission, prima facie, is or might be an affiliated interest, to join,
or to be joined, as a party to the proceeding. And the Commission may, in its
discretion, impose any condition as to obtaining a license to transact business
in Virginia on the part of any foreign corporation which it appears would
contravene any provision of Article 17 (§ 13.1-757 et seq.) of Chapter 9 of
Title 13.1 by the performance of the proposed transaction or act or may require
any such foreign corporation to submit to the jurisdiction of the Commission
under § 13.1-759 or otherwise for a determination of such question, whenever
the public interest and the due enforcement of this chapter and of other laws
under the jurisdiction of the Commission appear to require such course.

HISTORY: 1938, p. 22; Michie Code 1942, § 3774i2.