§ 59.1-362

Va. Code Ann. § 59.1-362

Reasonableness and good faith

Effective Jul 1, 19881988, c. 73.
  1. A. Every agreement entered into under this chapter shall impose on the parties the obligation to act in good faith.
  2. B. This chapter shall impose on every term and provision of any agreement a requirement of reasonableness. Every term or provision of any agreement shall be interpreted so that the requirements or obligations imposed therein are reasonable.

1988, c. 73.

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