Va. Code Ann. tit. 15.2, ch. 54 – Electric Authorities Act | Midpage

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Code of Virginia

Chapter 54

Va. Code Ann. tit. 15.2, ch. 54

Electric Authorities Act

15.2-5400Short title 15.2-5401Intent of General Assembly 15.2-5402Definitions 15.2-5403Creation of electric authority; referendum 15.2-5404Articles of incorporation 15.2-5405Certificate of incorporation or charter; addition and withdrawal of members; board of directors; indemnification of directors, officers or employees 15.2-5405.1Applicability of personnel and procurement procedures to certain authorities 15.2-5406Rights, powers and duties of authority 15.2-5406.1Retail distribution of electric energy limited to certain authorities 15.2-5406.2Tort claims against certain authorities 15.2-5407Membership in more than one authority 15.2-5408Sale of power and energy, including capacity and output to member governmental units by authority; duration of contracts; source of payments; furnishing of money, property or services by member governmental units 15.2-5409Sale of capacity and output to nonmembers; limitations 15.2-5410Contents of agreement as to joint ownership of project; designation of party to agreement as agent for construction, operation and maintenance of project; powers and duties of agent 15.2-5411Contracts for planning, acquisition, construction, etc., of projects 15.2-5412Issuance of bonds by authority 15.2-5413Interim receipts and temporary bonds; lost, stolen and destroyed bonds 15.2-5414Bonds not debts of Commonwealth or member governmental unit 15.2-5415Security for bonds; trust agreement; bond resolution 15.2-5416Rents, rates, fees and other charges 15.2-5417Moneys received deemed trust funds 15.2-5418Bondholders' and trustees' remedies 15.2-5419Refunding bonds 15.2-5420Status of bonds under Uniform Commercial Code 15.2-5421Bonds as legal investments and lawful security 15.2-5422Bonds exempt from taxation 15.2-5423Payments in lieu of property taxes; license tax 15.2-5423.1Exemption from taxation for certain authorities 15.2-5424Transfer, etc., of property of political subdivisions upon request of authority 15.2-5425Eminent domain 15.2-5426Annual reports 15.2-5427Liability of members or officers 15.2-5428Dissolution of authority 15.2-5429Legislative consent to application of laws of other states 15.2-5430Provisions of chapter cumulative; construction 15.2-5431Provisions of chapter controlling over other statutes and charters