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2008 SESSION
087053240Be it enacted by the General Assembly of Virginia:
1. That § 15.2-2289 of the Code of Virginia is amended and reenacted as follows:
§ 15.2-2289. Localities shall provide by ordinance for disclosure of real parties in interest.
In addition to the powers granted by this chapter,
localities may Every locality that has adopted
zoning pursuant to Article 7 (§ 15.2-2280 et seq.) of this chapter shall
provide by ordinance that the local planning commission, governing
body or zoning appeals board may shall
require any every
applicant for a special exception, or a
special use permit, amendment to the zoning ordinance, or
variance, final site plan approval, final subdivision
plat approval, or
plan of development approval to make complete disclosure of the
equitable ownership of the real estate to be affected,
including, in the case of corporate ownership, the name of stockholders,
officers and directors, and in any case the names and
addresses of all of the real parties of interest. However, the requirement of
listing names of stockholders, officers, and
directors shall not apply to a corporation whose stock is traded on a national
or local stock exchange and having more than 500 shareholders. In the case of a
condominium, the requirement shall apply only to the title owner, contract
purchaser, or lessee if they own he owns
10% percent
or more of the units in the condominium.