Chap. 61.—An ACT to amend and re-enact Section 3847 of the Code of Virginia,
as amended, relating to corporations. (fH B 134]

Approved February 27, 1946

Be it enacted by the General Assembly of Virginia:

1. That section thirty-eight hundred forty-seven of the Code of
Virginia as amended, be amended and re-enacted, as follows:

Section 3847. Every company to keep an office in this State for
payment of claims to residents; foreign company to appoint agent on
whom process may be served; copy of charter, with power of attorney,
to be filed, et cetera; license; fees—(a) Every incorporated company
doing business in this State shall have an office in the State at which all
claims against it due residents of the State may be audited, settled, and
paid; provided that no foreign corporation which deposits securities
with the treasurer of the State for the protection of its patrons in Vir-
ginia shall be required to maintain such an office for such purpose.

(b) Every such company incorporated under a jurisdiction beyond
the limits of the State (and hereinafter designated as a foreign corpora-
tion) shall, before doing business in this State, present to the Sate Cor-
poraion Commission (1) a written power of attorney executed in dupli-
cate appointing the Secretary of the Commonwealth and his successor in
office its agent upon whom all lawful process may be served, and who shall
be authorized to enter an appearance in its behalf; (2) a duly authenticat-
ed copy of its, charter including all amendments and revisions thereof to
date; and (3) separate certified or cashier’s checks, bank drafts, postal
notes, or money orders (1) one payable to the Commission for the pay-
ment of any fee or tax required by law to be paid to the State upon the
domestication of such foreign corporation in Virginia, the fee for record-
ing the charter in its office, and the costs therein, as provided by law, and
(11) one payable to the Secretary of the Commonwealth for the proper fee
for recording in his office the written power of attorney appointing him its
statutory agent, and shall obtain from the Commission a certificate of
authority to transact business in the State. If it be made to appear to the
Commission that the corporation has complied with the law relative to the
obtaining of a certificate of authority for a foreign corporation of the
character of the applicant corporation, then the Commission shall issue
to it a certificate of authority to transact business in the State. The
Commission shall file and preserve in its office the copy of the charter,
one copy of the power of attorney, and the order granting the certificate
of authority, and shall forward one copy of the power of attorney to the
Secretary of the Commonwealth, who shall file and preserve same in his
office.

(c) If the charter of any foreign corporation thus authorized to
transact business in this State is amended or revised, a duly authenticated
copy of such amendment or revision shall be presented to the Commission
and filed as copies of such charters are required to be filed initially, and
the requisite fee upon filing any such amendment or revision shall be paid
as prescribed by law.
(d) Any foreign corporation which has complied with the law rela-
tive to domestication and whose certificate of authority has been sur-
render or revoked and annulled, shall, upon re-entering the State, be
required to pay the entrance fee and all other fees required by law, inci-
dent to domestication, and execute and file the power of attorney required
herein, but such corporation shall not be required to file again a copy of
its charter or any amendment or revision thereof theretofore filed.

(e) Such corporation shall pay the clerical fees for the certificate
of authority and for filing such papers as prescribed by law.

(f) The provisions of this section as amended shall apply to foreign
corporations licensed at the time of the passage of this amendment as
well as to those thereafter licensed.