56-490 - Filing certificate of incorporation. - Virginia Statutes

§ 56-490. Filing certificate of incorporation.

The natural persons executing the certificate of incorporation shall beresidents of the territory in which the principal operations of thecooperative are to be conducted who intend to use telephone service to befurnished by the cooperative. The certificate of incorporation shall besubscribed by at least five such persons and acknowledged by them before anofficer authorized by the law of this Commonwealth to take and certifyacknowledgments of deeds and conveyances. When so acknowledged thecertificate shall be filed in accordance with the provisions of Article 3 (§13.1-618 et seq.) of Chapter 9 of Title 13.1, and when so filed the articlesof incorporation, or certified copies thereof, shall be received in all thecourts of this Commonwealth and elsewhere as prima facie evidence of thefacts contained therein, and of the due incorporation of the cooperative. Allof the provisions of the Virginia Stock Corporation Act (§ 13.1-601 et seq.)and the Virginia Nonstock Corporation Act (§ 13.1-801 et seq.) insofar as notinconsistent with this chapter are hereby made applicable to suchcooperatives, and as soon as the charter is lodged for recordation in theoffice of the State Corporation Commission, the proposed cooperativedescribed therein, under its designated name, shall be and constitute a bodycorporate with all of the applicable powers provided for in § 56-49. Acooperative need not have a registered office or a registered agent.

(1950, p. 590; 1956, c. 434.)