{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/56-231.29.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/56-231.29.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/56-231.29.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/56-231.29.html"}],"law_id":370111,"edition_id":2,"section_id":370111,"structure_id":52718,"section_number":"56-231.29","catch_line":"Powers of board of directors","history":"1999, c. 874.","full_text":"The board of directors of a cooperative shall have power to do all things necessary or incidental in conducting the business of the cooperative, including, but not limited to the power:\n\n1\n\nIf authorized by the articles of incorporation, or by resolution of its members having voting power, to adopt and amend bylaws for the management and regulation of the affairs of the cooperative, subject, however, to the right of the members to alter or repeal such bylaws. The bylaws of a cooperative may make provisions, not inconsistent with law or its articles of incorporation, regulating the admission, suspension or expulsion of members; the transfer of membership, the fees and dues of members and the termination of membership on nonpayment of dues or otherwise; the number, times and manner of choosing, qualifications, terms of office, official designations, powers, duties and compensation of its officers and directors; defining a vacancy in the board or in any office and the manner of filling it; the number of members, not less than 2.5 percent of the total number of members, to constitute a quorum at meetings; the date of the annual meeting and the giving of notice thereof and the holding of special meetings and the giving of notice thereof; the terms and conditions upon which the cooperative is to render service to its members; the disposition of the revenues and receipts of the cooperative; and regular and special meetings of the board and the giving of notice thereof.\n\n2\n\nTo appoint agents and employees and to fix their compensation and the compensation of the officers of the cooperative.\n\n3\n\nTo execute all instruments.\n\n4\n\nTo make its own rules and regulations as to its procedure.\n\n","order_by":null,"text":{"0":{"id":1380662,"text":"The board of directors of a cooperative shall have power to do all things necessary or incidental in conducting the business of the cooperative, including, but not limited to the power:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1380663,"text":"If authorized by the articles of incorporation, or by resolution of its members having voting power, to adopt and amend bylaws for the management and regulation of the affairs of the cooperative, subject, however, to the right of the members to alter or repeal such bylaws. The bylaws of a cooperative may make provisions, not inconsistent with law or its articles of incorporation, regulating the admission, suspension or expulsion of members; the transfer of membership, the fees and dues of members and the termination of membership on nonpayment of dues or otherwise; the number, times and manner of choosing, qualifications, terms of office, official designations, powers, duties and compensation of its officers and directors; defining a vacancy in the board or in any office and the manner of filling it; the number of members, not less than 2.5 percent of the total number of members, to constitute a quorum at meetings; the date of the annual meeting and the giving of notice thereof and the holding of special meetings and the giving of notice thereof; the terms and conditions upon which the cooperative is to render service to its members; the disposition of the revenues and receipts of the cooperative; and regular and special meetings of the board and the giving of notice thereof.","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1380664,"text":"To appoint agents and employees and to fix their compensation and the compensation of the officers of the cooperative.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":1380665,"text":"To execute all instruments.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":1380666,"text":"To make its own rules and regulations as to its procedure.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"ancestry":[{"id":52718,"edition_id":2,"name":"Utility Consumer Services Cooperatives Act","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":52717,"metadata":{"child_laws":26,"child_structures":0},"date_created":"2026-08-02 03:03:30","date_modified":"2026-08-02 12:35:37","permalink":{"id":1478327,"object_type":"structure","relational_id":52718,"identifier":"1","token":"56\/9.1\/1","url":"\/56\/9.1\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52717,"edition_id":2,"name":"Utility Consumer Services Cooperatives and Utility Aggregation Cooperatives","identifier":"9.1","label":"chapter","depth":2,"order_by":11,"parent_id":52702,"metadata":{"child_laws":43,"child_structures":2},"date_created":"2026-08-02 03:03:30","date_modified":"2026-08-02 12:35:37","permalink":{"id":1478325,"object_type":"structure","relational_id":52717,"identifier":"9.1","token":"56\/9.1","url":"\/56\/9.1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52702,"edition_id":2,"name":"Public Service Companies","identifier":"56","label":"title","depth":1,"order_by":121,"parent_id":null,"metadata":{"child_laws":710,"child_structures":93},"date_created":"2026-08-02 03:03:25","date_modified":"2026-08-02 12:35:34","permalink":{"id":1475475,"object_type":"structure","relational_id":52702,"identifier":"56","token":"56","url":"\/56\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":370097,"structure_id":52718,"section_number":"56-231.15","catch_line":"Definitions","url":"\/56-231.15\/","token":"56\/9.1\/1\/56-231.15","metadata":false},{"id":370098,"structure_id":52718,"section_number":"56-231.16","catch_line":"Organization; purpose","url":"\/56-231.16\/","token":"56\/9.1\/1\/56-231.16","metadata":false},{"id":370099,"structure_id":52718,"section_number":"56-231.17","catch_line":"Articles of incorporation","url":"\/56-231.17\/","token":"56\/9.1\/1\/56-231.17","metadata":false},{"id":370100,"structure_id":52718,"section_number":"56-231.18","catch_line":"Name of other corporations not to include term \"electric cooperative\" or \"utility consumer services cooperative.\"","url":"\/56-231.18\/","token":"56\/9.1\/1\/56-231.18","metadata":false},{"id":370101,"structure_id":52718,"section_number":"56-231.19","catch_line":"Filing articles of incorporation; effect thereof; other provisions of law applicable","url":"\/56-231.19\/","token":"56\/9.1\/1\/56-231.19","metadata":false},{"id":370102,"structure_id":52718,"section_number":"56-231.20","catch_line":"Repealed","url":"\/56-231.20\/","token":"56\/9.1\/1\/56-231.20","metadata":false},{"id":370103,"structure_id":52718,"section_number":"56-231.21","catch_line":"Dissolution and termination of cooperatives","url":"\/56-231.21\/","token":"56\/9.1\/1\/56-231.21","metadata":false},{"id":370104,"structure_id":52718,"section_number":"56-231.22","catch_line":"Charter amendments","url":"\/56-231.22\/","token":"56\/9.1\/1\/56-231.22","metadata":false},{"id":370105,"structure_id":52718,"section_number":"56-231.23","catch_line":"General powers granted","url":"\/56-231.23\/","token":"56\/9.1\/1\/56-231.23","metadata":false},{"id":370106,"structure_id":52718,"section_number":"56-231.24","catch_line":"Power to dispose of property","url":"\/56-231.24\/","token":"56\/9.1\/1\/56-231.24","metadata":false},{"id":370107,"structure_id":52718,"section_number":"56-231.25","catch_line":"Power to issue obligations","url":"\/56-231.25\/","token":"56\/9.1\/1\/56-231.25","metadata":false},{"id":370108,"structure_id":52718,"section_number":"56-231.26","catch_line":"Covenants in connection with obligations","url":"\/56-231.26\/","token":"56\/9.1\/1\/56-231.26","metadata":false},{"id":370109,"structure_id":52718,"section_number":"56-231.27","catch_line":"Power to purchase its own obligations","url":"\/56-231.27\/","token":"56\/9.1\/1\/56-231.27","metadata":false},{"id":370110,"structure_id":52718,"section_number":"56-231.28","catch_line":"Board of directors of cooperatives","url":"\/56-231.28\/","token":"56\/9.1\/1\/56-231.28","metadata":false},{"id":370111,"structure_id":52718,"section_number":"56-231.29","catch_line":"Powers of board of directors","url":"\/56-231.29\/","token":"56\/9.1\/1\/56-231.29","metadata":false},{"id":370112,"structure_id":52718,"section_number":"56-231.30","catch_line":"Rights and liabilities of members","url":"\/56-231.30\/","token":"56\/9.1\/1\/56-231.30","metadata":false},{"id":370113,"structure_id":52718,"section_number":"56-231.31","catch_line":"Payment of certain patronage capital to spouse or next of kin of deceased person","url":"\/56-231.31\/","token":"56\/9.1\/1\/56-231.31","metadata":false},{"id":370114,"structure_id":52718,"section_number":"56-231.31:1","catch_line":"Donation of certain patronage capital to the cooperative","url":"\/56-231.31_1\/","token":"56\/9.1\/1\/56-231.31_1","metadata":false},{"id":370115,"structure_id":52718,"section_number":"56-231.32","catch_line":"Service to members","url":"\/56-231.32\/","token":"56\/9.1\/1\/56-231.32","metadata":false},{"id":370116,"structure_id":52718,"section_number":"56-231.33","catch_line":"Adequate service; rates","url":"\/56-231.33\/","token":"56\/9.1\/1\/56-231.33","metadata":false},{"id":370117,"structure_id":52718,"section_number":"56-231.34","catch_line":"Regulation by Commission","url":"\/56-231.34\/","token":"56\/9.1\/1\/56-231.34","metadata":false},{"id":370118,"structure_id":52718,"section_number":"56-231.34:1","catch_line":"Separation of regulated and unregulated businesses","url":"\/56-231.34_1\/","token":"56\/9.1\/1\/56-231.34_1","metadata":false},{"id":370119,"structure_id":52718,"section_number":"56-231.34:2","catch_line":"Right of action; violation of rules or regulations","url":"\/56-231.34_2\/","token":"56\/9.1\/1\/56-231.34_2","metadata":false},{"id":370120,"structure_id":52718,"section_number":"56-231.35","catch_line":"Charter fees, etc","url":"\/56-231.35\/","token":"56\/9.1\/1\/56-231.35","metadata":false},{"id":370121,"structure_id":52718,"section_number":"56-231.36","catch_line":"Construction of article; conflicting laws","url":"\/56-231.36\/","token":"56\/9.1\/1\/56-231.36","metadata":false},{"id":370122,"structure_id":52718,"section_number":"56-231.37","catch_line":"How article cited","url":"\/56-231.37\/","token":"56\/9.1\/1\/56-231.37","metadata":false}],"previous_section":{"id":370110,"structure_id":52718,"section_number":"56-231.28","catch_line":"Board of directors of cooperatives","url":"\/56-231.28\/","token":"56\/9.1\/1\/56-231.28","metadata":false},"next_section":{"id":370112,"structure_id":52718,"section_number":"56-231.30","catch_line":"Rights and liabilities of members","url":"\/56-231.30\/","token":"56\/9.1\/1\/56-231.30","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-231.29\/","history_text":"

This law was first created in 1999. The record of its establishment is cataloged in chapter 874<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1478385,"object_type":"law","relational_id":370111,"identifier":"56-231.29","token":"56\/9.1\/1\/56-231.29","url":"\/56-231.29\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/56-231.29\/","token":"56\/9.1\/1\/56-231.29","dublin_core":{"Title":"Powers of board of directors","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-231.29","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The board<\/span> of directors of a cooperative<\/span> shall have power to do all things necessary or incidental in conducting the business of the cooperative<\/span>, including, but not limited to the power:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> If authorized by the articles of incorporation, or by resolution of its members<\/span> having voting power, to adopt and amend<\/span> bylaws for the management and regulation of the affairs of the cooperative<\/span>, subject, however, to the right of the members<\/span> to alter or repeal such bylaws. The bylaws of a cooperative<\/span> may make provisions, not inconsistent with law<\/span> or its articles of incorporation, regulating the admission, suspension or expulsion of members<\/span>; the transfer of membership, the fees and dues of members<\/span> and the termination of membership on nonpayment of dues or otherwise; the number, times and manner of choosing, qualifications, terms of office, official designations, powers, duties and compensation of its officers and directors; defining a vacancy in the board<\/span> or in any office and the manner of filling it; the number of members<\/span>, not less than 2.5 percent of the total number of members<\/span>, to constitute a quorum at meetings; the date of the annual meeting and the giving of notice thereof and the holding of special meetings and the giving of notice thereof; the terms and conditions upon which the cooperative<\/span> is to render service to its members<\/span>; the disposition<\/span> of the revenues and receipts of the cooperative<\/span>; and regular and special meetings of the board<\/span> and the giving of notice thereof. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> To appoint agents and employees and to fix their compensation and the compensation of the officers of the cooperative<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> To execute all instruments. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> To make its own rules and regulations as to its procedure. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOWERS OF BOARD OF DIRECTORS (\u00a7 56-231.29)\n\nThe board of directors of a cooperative shall have power to do all things\nnecessary or incidental in conducting the business of the cooperative,\nincluding, but not limited to the power:\n\n1. If authorized by the articles of incorporation, or by resolution of its\nmembers having voting power, to adopt and amend bylaws for the management and\nregulation of the affairs of the cooperative, subject, however, to the right of\nthe members to alter or repeal such bylaws. The bylaws of a cooperative may make\nprovisions, not inconsistent with law or its articles of incorporation,\nregulating the admission, suspension or expulsion of members; the transfer of\nmembership, the fees and dues of members and the termination of membership on\nnonpayment of dues or otherwise; the number, times and manner of choosing,\nqualifications, terms of office, official designations, powers, duties and\ncompensation of its officers and directors; defining a vacancy in the board or\nin any office and the manner of filling it; the number of members, not less than\n2.5 percent of the total number of members, to constitute a quorum at meetings;\nthe date of the annual meeting and the giving of notice thereof and the holding\nof special meetings and the giving of notice thereof; the terms and conditions\nupon which the cooperative is to render service to its members; the disposition\nof the revenues and receipts of the cooperative; and regular and special\nmeetings of the board and the giving of notice thereof.\n\n2. To appoint agents and employees and to fix their compensation and the\ncompensation of the officers of the cooperative.\n\n3. To execute all instruments.\n\n4. To make its own rules and regulations as to its procedure.\n\nHISTORY: 1999, c. 874.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}