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58.1-2659 - Article not applicable to companies exempt by federal laws.

§ 58.1-2659. Article not applicable to companies exempt by federal laws.

No provision of this article shall have any application to any railwaycompany doing business in this Commonwealth if such company is exempt byvirtue of any provision of federal law from the payment of state and localtaxes.

(Code 1950, § 58-541.1; 1982, c. 62; 1984, c. 675.)

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