Virginia § 15.2-5404 Articles of incorporation

Virginia Statutes

§ 15.2-5404 — Articles of incorporation

Virginia § 15.2-5404

Title 15.2COUNTIES, CITIES AND TOWNS

Subtitle IVOTHER GOVERNMENTAL ENTITIES

Ch. 54ELECTRIC AUTHORITIES ACT

This text of Virginia § 15.2-5404 (Articles of incorporation) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 15.2-5404 (2026).

Text

Each ordinance or agreement providing for the creation of an authority shall include articles of incorporation which shall set forth:

1.The name of the authority and the address of its principal office;

2.The names of the governmental units which are to be the initial members of the authority;

3.The purpose or purposes for which the authority is to be created;

4.The number of directors who shall initially serve on the board of directors which shall exercise the powers of the authority, the number of directors from each member governmental unit, and the names, addresses and terms of office of the initial directors of the authority; and

5.Any other provisions for regulating the business of the authority or the conduct of its affairs, including provisions for amendment of the articl

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Each ordinance or agreement providing for the creation of an authority shall include articles of incorporation which shall set forth:

1. The name of the authority and the address of its principal office;

2. The names of the governmental units which are to be the initial members of the authority;

3. The purpose or purposes for which the authority is to be created;

4. The number of directors who shall initially serve on the board of directors which shall exercise the powers of the authority, the number of directors from each member governmental unit, and the names, addresses and terms of office of the initial directors of the authority; and

5. Any other provisions for regulating the business of the authority or the conduct of its affairs, including provisions for amendment of the articles of incorporation.