13.1-806 - Effective time and date of document.
§ 13.1-806. Effective time and date of document.
A. A certificate issued by the Commission is effective at the time suchcertificate is issued, unless the certificate relates to articles filed withthe Commission and the articles state that the certificate shall becomeeffective at a later time and date specified in the articles. In that eventthe certificate shall become effective at the earlier of the time and date sospecified or 11:59 p.m. on the 15th day after the date on which thecertificate is issued by the Commission. Any other document filed with theCommission shall be effective when accepted for filing unless otherwiseprovided for in this Act.
B. Notwithstanding subsection A, any certificate that has a delayed effectivetime and date shall not become effective if, prior to the effective time anddate, the parties to the articles to which the certificate relates file arequest for cancellation with the Commission and the Commission, by order,cancels the certificate.
C. Notwithstanding subsection A, for purposes of §§ 13.1-829 and 13.1-924,any certificate that has a delayed effective date shall be deemed to beeffective when the certificate is issued.
(1985, c. 522; 2007, c. 925.)