15.2-2289 - Localities may provide by ordinance for disclosure of real parties in interest. - Virginia Statutes

§ 15.2-2289. Localities may provide by ordinance for disclosure of realparties in interest.

In addition to the powers granted by this chapter, localities may provide byordinance that the local planning commission, governing body or zoningappeals board may require any applicant for a special exception, or a specialuse permit, amendment to the zoning ordinance or variance to make completedisclosure of the equitable ownership of the real estate to be affectedincluding, in the case of corporate ownership, the name of stockholders,officers and directors and in any case the names and addresses of all of thereal parties of interest. However, the requirement of listing names ofstockholders, officers and directors shall not apply to a corporation whosestock is traded on a national or local stock exchange and having more than500 shareholders. In the case of a condominium, the requirement shall applyonly to the title owner, contract purchaser, or lessee if they own 10% ormore of the units in the condominium.

(1970, c. 573, § 15.1-486.1; 1975, cc. 575, 641; 1976, c. 370; 1980, c. 604;1986, c. 173; 1988, c. 408; 1989, cc. 25, 232; 1992, c. 596; 1993, c. 288;1994, c. 192; 1997, c. 587; 2006, cc. 9, 317.)