                                 CODE OF VIRGINIA

DEFINITIONS (§ 56-88)

In this chapter the following terms shall have the following meanings:
		&#8220;Acquire&#8221; or &#8220;acquisition&#8221; includes any purchase or
other acquisition, whether by payment, exchange, gift, conveyance, lease,
license, merger, consolidation or otherwise.
		&#8220;Company&#8221; means a corporation, a partnership, an association, a
joint-stock company, a business trust or an organized group of persons, whether
incorporated or not; or any receiver, trustee or other liquidating agent of any
of the foregoing in his capacity as such; but not a municipal corporation or
county.
		&#8220;Dispose of&#8221; or &#8220;disposition&#8221; includes any sale or
other disposition, whether by payment, exchange, gift, conveyance, lease,
license, merger, consolidation or otherwise.
		&#8220;Public utility&#8221; means any company which owns or operates
facilities within the Commonwealth for the generation, transmission or
distribution of electric energy for sale; for the production, transmission or
distribution, otherwise than in enclosed portable containers, of natural or
manufactured gas for sale for heat, light or power, but excluding any company
described in subdivision (b)(8) or (b)(10) of § 56-265.1; or for the furnishing
of sewerage facilities or water.
		&#8220;Utility assets&#8221; means the facilities in place of any public
utility or municipality for the production, transmission or distribution of
electric energy or natural or manufactured gas, or for the furnishing of
sewerage facilities or water.
		&#8220;Utility security&#8221; means any note, draft, debenture, bond, share
of stock, certificate, collateral trust certificate, preorganization certificate
or subscription, transferable share, investment contract, receiver&#8217;s or
trustee&#8217;s certificate or any other instrument or interest commonly known
as a security which is issued, assumed or guaranteed by any public utility or
any company which would be a public utility if the facilities owned or operated
by it were within the Commonwealth, or any company substantially engaged in the
ownership of any of the aforesaid securities or in supplying management or
advice to any of the aforesaid companies; or any certificate of deposit for,
voting trust certificate for, certificate of interest or participation in,
temporary or interim certificate for, receipt for, guaranty of, assumption of
liability on, or warrant or right to subscribe to or purchase or acquire, any of
the aforesaid securities.

HISTORY: 1940, p. 425; Michie Code 1942, § 3774l; 1992, c. 376; 2000, cc. 528,
543; 2009, c. 746.