Virginia Code 56-265.13: Chapter not applicable to certain hotel corporations
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No provision of this chapter shall apply to a corporation the principal business of which is the operation of a hotel and which may extend the use of its surplus water and sewerage facilities to a limited number of patrons.
Terms Used In Virginia Code 56-265.13
- 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.
1954, c. 669.