Virginia Code § 58.1-443

Prohibition of worldwide consolidation or combination
Open in Lexace · Ask the AI about this section
Notwithstanding any other provisions of this chapter, the Department shall not require, and no corporation may elect, that a consolidation or combination of an affiliated group include any controlled foreign corporation, the income of which is derived from sources without the United States.
Code 1950, § 58-151.079:1; 1981, c. 402; 1984, c. 675.

‹ Prev All Virginia sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.