Industrial Development Corporations

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This is Chapter 11 of the Code of Virginia, titled “Industrial Development Corporations.” It is part of Title 13.1 “Corporations”.

It’s comprised of the following 18 sections.

§ 13.1-981	How chapter cited
§ 13.1-982	Definitions
§ 13.1-983	Incorporation
§ 13.1-984	Corporate name
§ 13.1-985	Governor to approve articles of incorporation
§ 13.1-986	How funds may be derived
§ 13.1-987	Restrictions on powers of corporation
§ 13.1-988	Acquisition, transfer, etc., of securities and shares of corporation
§ 13.1-989	Membership in corporation; loans from members
§ 13.1-990	Shares and shareholders
§ 13.1-991	Directors
§ 13.1-992	Executive committee
§ 13.1-993	Restrictions on amendments to articles of incorporation
§ 13.1-994	Earned surplus
§ 13.1-995	Members to have rights of shareholders
§ 13.1-996	Corporation not authorized to receive money on deposit; deposit of funds of corporation
§ 13.1-997	Books and records
§ 13.1-998	Credit of Commonwealth not pledged