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Commonwealth v. The JOCO Foundation
011794 Commonwealth v. The JOCO Foundation 01/11/2002 In a case involving a charitable Virginia nonstock corporation, the trial court correctly ruled that it lacked subject matter jurisdiction over the Commonw…
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011794 Commonwealth v. The JOCO Foundation 01/11/2002 In a case involving a charitable Virginia nonstock corporation, the trial c…
- Court
- Supreme Court of Virginia
- First seen
- Oct 4, 2026
- Last entry
- Jan 11, 2002
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011794 Commonwealth v. The JOCO Foundation 01/11/2002 In a case involving a charitable Virginia nonstock corporation, the trial court correctly ruled that it lacked subject matter jurisdiction over the Commonwealth's claims seeking appointment of a receiver and a preliminary injunction against corporate directors because the Commonwealth's exclusive remedy to address alleged breaches of fiduciary duties is set forth in Title 13.1 of the Code of Virginia, which gives exclusive jurisdiction to the State Corporation Commission. The judgment is affirmed.
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