{"data":{"id":"us-va/va.-code-13.1-761","jurisdiction":"us-va","citation":"Va. Code § 13.1-761","heading":"Effect of certificate of authority","body":"A. A certificate of authority authorizes the foreign corporation to transact business in the Commonwealth subject, however, to the right of the Commonwealth to revoke the certificate as provided in this chapter.B. A foreign corporation holding a valid certificate of authority shall have no greater rights and privileges than a domestic corporation. The certificate of authority shall not be deemed to authorize the foreign corporation to exercise any of its corporate powers or purposes that a foreign corporation is forbidden by law to exercise in the Commonwealth.C. This chapter does not authorize the Commonwealth to regulate the organization or internal affairs of a foreign corporation authorized to transact business in the Commonwealth.Code 1950, §§ 13.1-102, 13.1-103, 13.1-108; 1956, c. 428; 1985, c. 522; 2019, c. 734; 2020, c. 1226.","path":["Title 13.1. Corporations","Chapter 9. Virginia Stock Corporation Act","Article 17. Foreign Corporations"],"source_url":"https://law.lis.virginia.gov/vacode/13.1-761/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:14Z","sha256":"8deb338a739c71787c7a42cce672c7130cbf54ec6a253ff70e26e40261b0135c","source_id":"us-va","stale":true,"prev":"us-va/va.-code-13.1-760","next":"us-va/va.-code-13.1-762"},"notice":"GroundRules: Original legal text. Not legal advice."}
