Virginia § 56-67.1 Validity of authorized securities

Virginia Statutes

§ 56-67.1 — Validity of authorized securities

Virginia § 56-67.1

Title 56PUBLIC SERVICE COMPANIES

Ch. 3ISSUANCE OF STOCKS, BONDS, ETC.

This text of Virginia § 56-67.1 (Validity of authorized securities) 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. § 56-67.1 (2026).

Text

Securities of a public service company, and assumptions by a public service company of obligations or liabilities in respect of the securities of another person, firm, association or corporation, issued or assumed pursuant to an authorizing order of the Commission and valid at the time of their issuance or assumption, shall not cease to be valid because such order is subsequently suspended, vacated, superseded or reversed.

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Securities of a public service company, and assumptions by a public service company of obligations or liabilities in respect of the securities of another person, firm, association or corporation, issued or assumed pursuant to an authorizing order of the Commission and valid at the time of their issuance or assumption, shall not cease to be valid because such order is subsequently suspended, vacated, superseded or reversed.