Virginia Statutes

§ 56-59 — Order required before acting as surety, guarantor, etc

Virginia § 56-59
JurisdictionVirginia
Title 56PUBLIC SERVICE COMPANIES
Ch. 3ISSUANCE OF STOCKS, BONDS, ETC.

This text of Virginia § 56-59 (Order required before acting as surety, guarantor, etc) 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. § 56-59 (2026).

Text

No public service company shall henceforth assume any obligation or liability as guarantor, endorser, surety or otherwise in respect to the securities of any other person, firm, association or corporation, when such securities are payable at periods of twelve months or more after the date thereof, without having first secured from the Commission an order authorizing it so to do.

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Legislative History

1934, p. 222; Michie Code 1942, § 4073(4).

Nearby Sections

15
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Bluebook (online)
Virginia § 56-59, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/56/56-59.