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Home » US Law » 2022 Code of Virginia » Title 56 - Public Service Companies » Chapter 3 - Issuance of Stocks, Bonds, Etc.

§ 56-72. Acts of officers, etc., bind company

For the purposes of this chapter the act, omission or failure of any officer, agent or employee of any public service company acting within the scope of his official duties or employment shall in every case be deemed to be the act, omission or failure of such public service company. 1934, p. 225; Michie Code […]

§ 56-73. Penalty as to officers, etc., for violation of provisions of chapter

Every officer, agent or employee of a public service company, and every other person (1) who knowingly authorizes, directs, aids in, issues or executes, or causes to be issued or executed, any stock or stock certificate or other evidence of interest or ownership, or bond, note or other evidence of indebtedness, otherwise than in conformity […]

§ 56-74. State not obligated to pay or guarantee

No provision of this chapter, and no deed or act done or performed under or in connection therewith, shall be held or construed to obligate the Commonwealth of Virginia to pay or guarantee, in any manner whatsoever, any stock or stock certificate or other evidence of interest or ownership, or bond, note or other evidence […]