Virginia § 38.2-4206 - Nonstock corporation required
Full text of Virginia Code of Virginia § 38.2-4206 — Nonstock corporation required, with citation guidance and answers to common questions.
§ 38.2-4206. Nonstock corporation required
Each plan shall be conducted either by or through (i) a nonstock corporation organized pursuant to the laws of this Commonwealth or (ii) a foreign nonstock corporation that is subject to regulation and licensing under the laws of its domiciliary jurisdiction that are substantially similar to those provided by this chapter.
This section shall not apply to any foreign nonstock corporation already licensed in this Commonwealth as of July 1, 1980.
1980, c. 682, § 38.1-813.2; 1986, c. 562.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 38.2-4206
What does Code of Virginia § 38.2-4206 cover?
Section 38.2-4206 ("Nonstock corporation required") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 38.2-4206?
A common citation format is "Code of Virginia § 38.2-4206" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 38.2-4206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.