Virginia Code 21-155: Powers of commission.
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Each commission, constituting a corporation is hereby invested with the rights, powers and authority and charged with the duties set forth in this chapter, and shall constitute a political subdivision of the Commonwealth established as a governmental instrumentality to provide for the public health and welfare.
Terms Used In Virginia Code 21-155
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
1942, p. 600; Michie Code 1942, § 1560kk; 1944, p. 72; 1946, p. 528.