Telephone Cooperatives Act

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This is Chapter 16 of the Code of Virginia, titled “Telephone Cooperatives Act.” It is part of Title 56 “Public Service Companies”.

It’s comprised of the following 25 sections.

§ 56-485	Short title
§ 56-486	Who may form cooperative; purpose
§ 56-487	Definitions
§ 56-488	Certificate of incorporation
§ 56-489	Limitation of use of words "telephone cooperative."
§ 56-490	Filing certificate of incorporation
§ 56-491	Board of directors; officers
§ 56-492	Powers of board of directors
§ 56-493	Membership; voting; nonprofit operation
§ 56-494	Service to members; to nonmembers
§ 56-495	Powers granted corporation
§ 56-496	Disposition of property
§ 56-497	Issue of obligations
§ 56-498	Covenants
§ 56-499	Purchase of own obligations
§ 56-500	Consolidation or merger
§ 56-501	Repealed
§ 56-501.1	Payment of certain patronage capital to spouse or next of kin of deceased person
§ 56-502	Regulation by State Corporation Commission
§ 56-503	Dissolution
§ 56-504	Charter amendments
§ 56-505	Charter fees
§ 56-506	Construction of chapter; conflicting laws
§ 56-507	Adoption of provisions by existing corporation
§ 56-508	Extension of service to territory not being served