12.1-12 - Powers and duties generally.
§ 12.1-12. Powers and duties generally.
Subject to such requirements as may be prescribed by law, the Commissionshall be the department of government through which shall be issued allcharters, and amendments or extensions thereof, of domestic corporations andall licenses of foreign corporations to do business in this Commonwealth.Except as may be otherwise prescribed by law, the Commission shall be chargedwith the duty of administering the laws made for the regulation and controlof corporations doing business in this Commonwealth. Subject to such criteriaand other requirements as may be prescribed by law, the Commission shall havethe power and be charged with the duty of regulating the rates, charges,services, and facilities of all public service companies as defined in §56-1. The Commission shall in proceedings before it insure that the interestsof the consumers of the Commonwealth are represented, unless the GeneralAssembly otherwise provides for representation of such interests. TheCommission may appoint such clerical force as may be deemed necessary to theefficiency of its office, but the aggregate amount paid such clerks shall notexceed the sum provided by law; and it may expend for the contingent expensesof its office such sums as may be provided by law. The Commission shall havesuch other powers and duties as may be prescribed by law.
(Code 1950, §§ 12-14, 14-11, 14-25; 1964, c. 386, § 14.1-13; 1970, c. 260;1971, Ex. Sess., c. 157; 1998, c. 872.)