{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/29.1-101.6.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/29.1-101.6.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/29.1-101.6.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/29.1-101.6.html"}],"law_id":77837,"edition_id":1,"section_id":77837,"structure_id":15184,"section_number":"29.1-101.6","catch_line":"Loans to owners other than local governments","history":"1989, c. 5, \u00a7 10.1-1218; 1992, cc. 464, 887.","full_text":"After consultation with the Commissioner of the Virginia Marine Resources Commission, the Department may offer to finance the construction of fishways for an owner, other than a local government, who owns a dam or other artificial impediment to the free passage of anadromous fish. The term of such loan shall not exceed twenty years and the interest rate shall be the prime rate for major money center banks, as reported by the latest edition of The Wall Street Journal appearing before the loan is made if the total loan exceeds fifty percent of the estimated project cost; if the total loan does not exceed fifty percent of the estimated cost of the project, the interest rate shall not be less than three percentage points below such prime rate. The Department shall approve the design of the fishway prior to the making of any loan from the Fund pursuant to this section.","order_by":null,"text":{"0":{"id":279159,"text":"After consultation with the Commissioner of the Virginia Marine Resources Commission, the Department may offer to finance the construction of fishways for an owner, other than a local government, who owns a dam or other artificial impediment to the free passage of anadromous fish. The term of such loan shall not exceed twenty years and the interest rate shall be the prime rate for major money center banks, as reported by the latest edition of The Wall Street Journal appearing before the loan is made if the total loan exceeds fifty percent of the estimated project cost; if the total loan does not exceed fifty percent of the estimated cost of the project, the interest rate shall not be less than three percentage points below such prime rate. The Department shall approve the design of the fishway prior to the making of any loan from the Fund pursuant to this section.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15184,"edition_id":1,"name":"Virginia Fish Passage Grant and Revolving Loan Fund","identifier":"1.1","label":"article","depth":3,"order_by":1,"parent_id":14947,"metadata":{},"date_created":"2026-06-26 03:52:46","date_modified":"2026-06-26 03:52:46","permalink":{"id":192303,"object_type":"structure","relational_id":15184,"identifier":"1.1","token":"29.1\/1\/1.1","url":"\/29.1\/1\/1.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14947,"edition_id":1,"name":"Administration of Wildlife Resources","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":12934,"metadata":{},"date_created":"2026-06-26 03:50:59","date_modified":"2026-06-26 03:50:59","permalink":{"id":192279,"object_type":"structure","relational_id":14947,"identifier":"1","token":"29.1\/1","url":"\/29.1\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12934,"edition_id":1,"name":"Wildlife, Inland Fisheries and Boating","identifier":"29.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:03","date_modified":"2026-06-26 03:44:03","permalink":{"id":192277,"object_type":"structure","relational_id":12934,"identifier":"29.1","token":"29.1","url":"\/29.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":57820,"structure_id":15184,"section_number":"29.1-101.2","catch_line":"Creation and management of Fund","url":"\/29.1-101.2\/","token":"29.1\/1\/1.1\/29.1-101.2","metadata":false},{"id":68198,"structure_id":15184,"section_number":"29.1-101.3","catch_line":"Deposit of money","url":"\/29.1-101.3\/","token":"29.1\/1\/1.1\/29.1-101.3","metadata":false},{"id":65107,"structure_id":15184,"section_number":"29.1-101.4","catch_line":"Collection of money due to the Fund","url":"\/29.1-101.4\/","token":"29.1\/1\/1.1\/29.1-101.4","metadata":false},{"id":77686,"structure_id":15184,"section_number":"29.1-101.5","catch_line":"Grants and loans to local governments","url":"\/29.1-101.5\/","token":"29.1\/1\/1.1\/29.1-101.5","metadata":false},{"id":77837,"structure_id":15184,"section_number":"29.1-101.6","catch_line":"Loans to owners other than local governments","url":"\/29.1-101.6\/","token":"29.1\/1\/1.1\/29.1-101.6","metadata":false},{"id":86826,"structure_id":15184,"section_number":"29.1-101.7","catch_line":"Security for loans","url":"\/29.1-101.7\/","token":"29.1\/1\/1.1\/29.1-101.7","metadata":false},{"id":62894,"structure_id":15184,"section_number":"29.1-101.8","catch_line":"Grants and loans for dams licensed under or by the Federal Energy Regulatory Commission","url":"\/29.1-101.8\/","token":"29.1\/1\/1.1\/29.1-101.8","metadata":false},{"id":65772,"structure_id":15184,"section_number":"29.1-101.9","catch_line":"Requirement for fishways","url":"\/29.1-101.9\/","token":"29.1\/1\/1.1\/29.1-101.9","metadata":false}],"previous_section":{"id":77686,"structure_id":15184,"section_number":"29.1-101.5","catch_line":"Grants and loans to local governments","url":"\/29.1-101.5\/","token":"29.1\/1\/1.1\/29.1-101.5","metadata":false},"next_section":{"id":86826,"structure_id":15184,"section_number":"29.1-101.7","catch_line":"Security for loans","url":"\/29.1-101.7\/","token":"29.1\/1\/1.1\/29.1-101.7","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/29.1-101.6\/","history_text":"<p>This law was first created in 1989. The record of its establishment is cataloged in chapter 5 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1989 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1992, chapters 464 and 887.<\/p>","references":[{"id":57820,"section_number":"29.1-101.2","catch_line":"Creation and management of Fund","order_by":null,"url":"\/29.1-101.2\/"}],"refers_to":false,"permalink":{"id":192321,"object_type":"law","relational_id":77837,"identifier":"29.1-101.6","token":"29.1\/1\/1.1\/29.1-101.6","url":"\/29.1-101.6\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/29.1-101.6\/","token":"29.1\/1\/1.1\/29.1-101.6","dublin_core":{"Title":"Loans to owners other than local governments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 29.1-101.6","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>After consultation with the Commissioner of the Virginia Marine Resources Commission, the <span class=\"dictionary\">Department<\/span> may offer to finance the construction of fishways for an owner, other than a local government, who owns a dam or other artificial impediment to the free passage of anadromous fish. The term of such loan shall not exceed twenty years and the interest rate shall be the prime rate for major money center banks, as reported by the latest edition of The Wall Street Journal appearing before the loan is made if the total loan exceeds fifty percent of the estimated project cost; if the total loan does not exceed fifty percent of the estimated cost of the project, the interest rate shall not be less than three percentage points below such prime rate. The <span class=\"dictionary\">Department<\/span> shall approve the design of the fishway prior to the making of any loan from the Fund pursuant to this section.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nLOANS TO OWNERS OTHER THAN LOCAL GOVERNMENTS (\u00a7 29.1-101.6)\n\nAfter consultation with the Commissioner of the Virginia Marine Resources\nCommission, the Department may offer to finance the construction of fishways for\nan owner, other than a local government, who owns a dam or other artificial\nimpediment to the free passage of anadromous fish. The term of such loan shall\nnot exceed twenty years and the interest rate shall be the prime rate for major\nmoney center banks, as reported by the latest edition of The Wall Street Journal\nappearing before the loan is made if the total loan exceeds fifty percent of the\nestimated project cost; if the total loan does not exceed fifty percent of the\nestimated cost of the project, the interest rate shall not be less than three\npercentage points below such prime rate. The Department shall approve the design\nof the fishway prior to the making of any loan from the Fund pursuant to this\nsection.\n\nHISTORY: 1989, c. 5, \u00a7 10.1-1218; 1992, cc. 464, 887.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}