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1998 SESSION

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CHAPTER 252 An Act to amend and reenact § 56-502 of the Code of Virginia and to repeal §§ 56-501 and 56-501.01 of the Code of Virginia, relating to public service companies; rates and services for telephone cooperatives. [H 464] Approved April 7, 1998

Be it enacted by the General Assembly of Virginia:

1. That § 56-502 of the Code of Virginia is amended and reenacted as follows:

§ 56-502. Regulation by State Corporation Commission.

Every cooperative organized under this chapter shall be subject to the jurisdiction of the State Corporation Commission with respect to telephone services and facilities in the same manner and to the same extent as are other similar utilities under the laws of Virginia except that the powers of the Commission over the rates and service of cooperatives shall be as defined by this chapter, and except that Commission shall have no jurisdiction over the rates, service quality and types of service offerings of the cooperative to its members and, where a cooperative establishes a cable television system, it shall be subject to § 15.1-23.1 15.2-2108.

2. That §§ 56-501 and 56-501.01 of the Code of Virginia are repealed.