A corporation created under this chapter may derive funds from the sale of its shares and debentures, from loans from its members on the terms and conditions set forth in this chapter, from any other financial institution or person and from any agency established by the federal government or the Commonwealth of Virginia.
Code 1950, § 13.1-144.1; 1972, c. 693; 1985, c. 522.
Structure Code of Virginia
Chapter 11 - Industrial Development Corporations
§ 13.1-985. Governor to approve articles of incorporation
§ 13.1-986. How funds may be derived
§ 13.1-987. Restrictions on powers of corporation
§ 13.1-988. Acquisition, transfer, etc., of securities and shares of corporation
§ 13.1-989. Membership in corporation; loans from members
§ 13.1-990. Shares and shareholders
§ 13.1-992. Executive committee
§ 13.1-993. Restrictions on amendments to articles of incorporation
§ 13.1-995. Members to have rights of shareholders
§ 13.1-996. Corporation not authorized to receive money on deposit; deposit of funds of corporation