                                 CODE OF VIRGINIA

OFFENSES (§ 56-85)

Every public service company (1) entering into, participating in or acting under
any contract or arrangement, required by this chapter to be approved by the
Commission, before obtaining such approval, or (2) making any loan, extension or
renewal thereof, or assuming any obligation or liability, or extension or
renewal of any such obligation or liability, required by this chapter to be
approved by the Commission, before obtaining such approval, or (3) making any
declaration or payment of any dividends after entry of a summary order, either
temporary or permanent, prohibiting such declaration or payment in accordance
with the provisions of this chapter, or (4) otherwise violating any provision of
this chapter, or of any valid order of the Commission entered in pursuance
thereof, shall be subject to a fine, to be imposed in a proceeding before the
Commission instituted for the purpose of determining whether there is any
liability hereunder, of not less than $10 and not in excess of $500, together
with the costs of the proceeding as adjudged by the Commission and as taxed by
the clerk of the Commission according to law; and every day of any such
violation which, in its nature, is continuing, may be deemed a separate offense.
		Every public service company and every affiliated interest participating in
any contract, arrangement, loan, or assumption, declaration or payment of
dividends, or doing any other act, in violation of this chapter, or in violation
of any valid order of the Commission hereunder, and every officer, director, or
employee of any such public service company or of any such affiliated interest,
knowingly authorizing, directing, aiding in or executing or causing to be
executed, any such contract or arrangement, loan or assumption, declaration or
payment of dividends, in violation of this chapter, or in violation of any valid
order of the Commission hereunder, shall be guilty of a misdemeanor, and such
liability for a misdemeanor shall be in addition and cumulative to any liability
for the imposition of a fine or penalty as hereinbefore provided in this
section.

HISTORY: 1938, p. 22; Michie Code 1942, § 3774i3.