Virginia Code 38.2-4136: Societies previously existing; reincorporation; amendments.
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Any incorporated society doing business in this Commonwealth on June 19, 1914, may exercise all of the rights conferred by this chapter, and all of the rights, powers and privileges exercised or possessed by it under its charter or articles of incorporation not inconsistent with law; or, if a voluntary association, it may incorporate as provided herein. No society organized prior to June 19, 1914, shall be required to reincorporate under this section. Any society may amend its certificate of incorporation in the manner provided by law.
Terms Used In Virginia Code 38.2-4136
- Certificate: means the document issued as written evidence of the benefit contract. See Virginia Code 38.2-4103
- Society: means fraternal benefit society, unless otherwise indicated. See Virginia Code 38.2-4103
Code 1950, §§ 38-269, 38.1-580; 1952, c. 317, § 38.1-638.12; 1968, c. 654; 1986, c. 562.