An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1926 |
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Law Number | 280 |
Subjects |
Law Body
Chap. 280.—An ACT to amend and re-enact section 3847 of the Code of Vir-
ginia as heretofore amended by an act approved March 20, 1920, relating to
corporations. [S B 234]
Approved March 24, 1926.
1. Beit enacted by the general assembly of Virginia, That section
thirty-eight hundred and forty-seven of the Code of Virginia as here-
tofore amended by an act approved March twentieth, nineteen hun-
dred and twenty, be amended and re-enacted so as to read 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, etcetera; license; fees. —Every incorporated company doing
business in this State shall have an office in the State at which all
claims against the company due residents of the State may be audited,
settled and paid; provided, however, that no foreign corporation
which deposits securities with the treasurer of the Commonwealth for
the protection of its patrons in Virginia shall be required to maintain
an office in this State for such purpose. Every such company incor-
porated under a jurisdiction beyond the limits of the State (and here-
inafter designated as a foreign corporation) shall, before doing business
in this State, present to the State corporation commission (a) a
written power of attorney executed in duplicate, appointing the secre-
tary of the Commonwealth of this State and his successor in office its
agent upon whom all lawful process shall be served, and who shall be
authorized to enter an appearance in its behalf; (b) two duly authen-
ticated copies of the charter of the corporation; and (c) a certificate
of the auditor of public accounts, showing the payment into the
treasury of the fee required by law to be paid by such corporation,
and shall obtain from said State corporation commission, a certificate
of authority to transact business in the State. It if shall be made to
appear to the State corporation commission that said corporation has
complied with the law relative to the obtaining of a certificate ol
authority for foreign corporations of the character of the applicant
corporation, then said State corporation commission shall issue to
said corporation a certificate of authority to transact business in the
State. Said commission shall file and preserve in their office one
copy each of the power of attorney, charter, certificate of the auditor,
and a certificate of the commission granting such certificate of au-
thority, and forward copies of said documents to the secretary of the
Commonwealth, who shall file and preserve the same in his office.
If the charter of any foreign corporation thus authorized to trans-
act business in this State is amended, or revised, two duly authen-
ticated copies of such amendment or revision shall be presented to
the State corporation commission and filed as copies of the original
charter are required to be filed, and the fee required by law in such
amendment or revision shall be paid in the manner prescribed by law.
Any foreign corporation which has complied with the law, relative
to domestication in this State and whose certificate of authority to do
business in this State has been surrendgred or revoked and annulled,
shall, upon re-entering the State, be required to pay the entrance fee
and all other fees required by law, incident to domestication, and
execute and file the power of attorney required herein, but such cor-
poration shall not be required to again file copies of its charter or any
amendment thereto heretofore filed.
Such corporation shall pay the clerical fees for such certificate of
authority and for filing such papers as prescribed by law.
2. The provisions of this act, as amended, shall apply to foreign
corporations licensed at the time of the passage of this act as well as tc
those thereafter licensed.