Electric Authorities Act

  1. Law
  2. Code of Virginia
  3. Counties, Cities and Towns
  4. Electric Authorities Act

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Section
15.2-5400

Short title

Section
15.2-5401

Intent of General Assembly

Section
15.2-5402

Definitions

Section
15.2-5403

Creation of electric authority; referendum

Section
15.2-5404

Articles of incorporation

Section
15.2-5405

Certificate of incorporation or charter; addition and withdrawal of members; board of directors; indemnification of directors, officers or employees

Section
15.2-5405.1

Applicability of personnel and procurement procedures to certain authorities

Section
15.2-5406

Rights, powers and duties of authority

Section
15.2-5406.1

Retail distribution of electric energy limited to certain authorities

Section
15.2-5406.2

Tort claims against certain authorities

Section
15.2-5407

Membership in more than one authority

Section
15.2-5408

Sale 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

Section
15.2-5409

Sale of capacity and output to nonmembers; limitations

Section
15.2-5410

Contents 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

Section
15.2-5411

Contracts for planning, acquisition, construction, etc., of projects

Section
15.2-5412

Issuance of bonds by authority

Section
15.2-5413

Interim receipts and temporary bonds; lost, stolen and destroyed bonds

Section
15.2-5414

Bonds not debts of Commonwealth or member governmental unit

Section
15.2-5415

Security for bonds; trust agreement; bond resolution

Section
15.2-5416

Rents, rates, fees and other charges

Section
15.2-5417

Moneys received deemed trust funds

Section
15.2-5418

Bondholders' and trustees' remedies

Section
15.2-5419

Refunding bonds

Section
15.2-5420

Status of bonds under Uniform Commercial Code

Section
15.2-5421

Bonds as legal investments and lawful security

Section
15.2-5422

Bonds exempt from taxation

Section
15.2-5423

Payments in lieu of property taxes; license tax

Section
15.2-5423.1

Exemption from taxation for certain authorities

Section
15.2-5424

Transfer, etc., of property of political subdivisions upon request of authority

Section
15.2-5425

Eminent domain

Section
15.2-5426

Annual reports

Section
15.2-5427

Liability of members or officers

Section
15.2-5428

Dissolution of authority

Section
15.2-5429

Legislative consent to application of laws of other states

Section
15.2-5430

Provisions of chapter cumulative; construction

Section
15.2-5431

Provisions of chapter controlling over other statutes and charters