{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/45.2-1720.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/45.2-1720.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/45.2-1720.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/45.2-1720.html"}],"law_id":76511,"edition_id":1,"section_id":76511,"structure_id":14250,"section_number":"45.2-1720","catch_line":"(Effective until July 1, 2029) Powers and duties of the Authority","history":"2019, cc. 555, 556, \u00a7 67-1603; 2021, Sp. Sess. I, c. 387; 2023, cc. 720, 721.","full_text":"In addition to the other powers and duties established under this article, the Authority has the power and duty to:\n\n1\n\nAdopt, use, and alter at will an official seal;2\n\nMake bylaws for the management and regulation of its affairs;3\n\nMaintain an office at any place within the Commonwealth it designates;4\n\nAccept, hold, and administer moneys, grants, securities, or other property transferred, given, or bequeathed to the Authority, absolutely or in trust, from any source, public or private, for the purposes for which the Authority is established;5\n\nMake and execute contracts and all other instruments and agreements necessary or convenient for the exercise of its powers and functions, including executing contracts and all other instruments and agreements that the Authority deems necessary with the nonprofit collaborative;6\n\nEmploy, in its discretion, consultants, attorneys, architects, engineers, accountants, financial experts, investment bankers, superintendents, managers, and any other employees and agents necessary and fix their compensation to be payable from funds made available to the Authority;7\n\nInvest its funds as permitted by applicable law;8\n\nReceive and accept from any federal or private agency, foundation, corporation, association, or person grants, donations of money, or real or personal property for the benefit of the Authority, and receive and accept from the Commonwealth or any other state, from any municipality, county, or other political subdivision thereof, or from any other source, aid or contributions of either money, property, or other things of value, to be held, used, and applied for the purposes for which such grants and contributions may be made;9\n\nEnter into agreements with any department, agency, or instrumentality of the United States or of the Commonwealth and its political subdivisions and with lenders and enter into loans with contracting parties for the purpose of conducting research and development, energy project development, and planning, regulating, and providing for the financing or leasing or assisting in the financing or leasing of any project;10\n\nDo any lawful act necessary or appropriate to carry out the powers granted or reasonably implied in this article;11\n\nLeverage the strength in energy workforce and energy technology research and development of the Commonwealth’s public and private institutions of higher education;12\n\nSupport energy development projects generally, including pump storage hydropower, energy storage, hydrogen production and uses, carbon capture and storage, geothermal energy, and advanced wind and solar energy;13\n\nPromote energy development projects on closed power plant sites, brownfield sites, former coal mine sites, reclaimed coal mine sites, abandoned mine lands, and lands adjacent thereto;14\n\nPromote energy workforce development and energy supply chain development;15\n\nAssist energy technology research and development by, among other actions, promoting the development of a Southwest Virginia Energy Park;16\n\nIdentify and work with the Commonwealth’s industries and nonprofit partners and, through mutually agreed collaborations, the Commonwealth’s research and development partners, in advancing efforts related to energy development in Southwest Virginia; and17\n\nPromote the capture and beneficial use of coal mine methane from active, inactive, and abandoned coal mines as a low-carbon intensity feedstock for manufacturing and energy generation projects located in Southwest Virginia.","order_by":null,"text":{"0":{"id":274648,"text":"In addition to the other powers and duties established under this article, the Authority has the power and duty to:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":274649,"text":"Adopt, use, and alter at will an official 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established;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":274653,"text":"Make and execute contracts and all other instruments and agreements necessary or convenient for the exercise of its powers and functions, including executing contracts and all other instruments and agreements that the Authority deems necessary with the nonprofit collaborative;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":274654,"text":"Employ, in its discretion, consultants, attorneys, architects, engineers, accountants, financial experts, investment bankers, superintendents, managers, and any other employees and agents necessary and fix their compensation to be payable from funds made available to the Authority;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":274655,"text":"Invest its funds as permitted by applicable law;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":274656,"text":"Receive and accept from any federal or private agency, foundation, corporation, association, or person grants, donations of money, or real or personal property for the benefit of the Authority, and receive and accept from the Commonwealth or any other state, from any municipality, county, or other political subdivision thereof, or from any other source, aid or contributions of either money, property, or other things of value, to be held, used, and applied for the purposes for which such grants and contributions may be made;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":274657,"text":"Enter into agreements with any department, agency, or instrumentality of the United States or of the Commonwealth and its political subdivisions and with lenders and enter into loans with contracting parties for the purpose of conducting research and development, energy project development, and planning, regulating, and providing for the financing or leasing or assisting in the financing or leasing of any project;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":274658,"text":"Do any lawful act necessary or appropriate to carry out the powers granted or reasonably implied in this article;","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":274659,"text":"Leverage the strength in energy workforce and energy technology research and development of the Commonwealth’s public and private institutions of higher education;","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10","next_prefix":"12"},"12":{"id":274660,"text":"Support energy development projects generally, including pump storage hydropower, energy storage, hydrogen production and uses, carbon capture and storage, geothermal energy, and advanced wind and solar energy;","type":"section","prefixes":["12"],"prefix":"12","entire_prefix":"12","prefix_anchor":"12","level":1,"prior_prefix":"11","next_prefix":"13"},"13":{"id":274661,"text":"Promote energy development projects on closed power plant sites, brownfield sites, former coal mine sites, reclaimed coal mine sites, abandoned mine lands, and lands adjacent thereto;","type":"section","prefixes":["13"],"prefix":"13","entire_prefix":"13","prefix_anchor":"13","level":1,"prior_prefix":"12","next_prefix":"14"},"14":{"id":274662,"text":"Promote energy workforce development and energy supply chain development;","type":"section","prefixes":["14"],"prefix":"14","entire_prefix":"14","prefix_anchor":"14","level":1,"prior_prefix":"13","next_prefix":"15"},"15":{"id":274663,"text":"Assist energy technology research and development by, among other actions, promoting the development of a Southwest Virginia Energy Park;","type":"section","prefixes":["15"],"prefix":"15","entire_prefix":"15","prefix_anchor":"15","level":1,"prior_prefix":"14","next_prefix":"16"},"16":{"id":274664,"text":"Identify and work with the Commonwealth’s industries and nonprofit partners and, through mutually agreed collaborations, the Commonwealth’s research and development partners, in advancing efforts related to energy development in Southwest Virginia; and","type":"section","prefixes":["16"],"prefix":"16","entire_prefix":"16","prefix_anchor":"16","level":1,"prior_prefix":"15","next_prefix":"17"},"17":{"id":274665,"text":"Promote the capture and beneficial use of coal mine methane from active, inactive, and abandoned coal mines as a low-carbon intensity feedstock for manufacturing and energy generation projects located in Southwest Virginia.","type":"section","prefixes":["17"],"prefix":"17","entire_prefix":"17","prefix_anchor":"17","level":1,"prior_prefix":"16"}},"ancestry":[{"id":14250,"edition_id":1,"name":"Southwest Virginia Energy Research and Development Authority","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13194,"metadata":{},"date_created":"2026-06-26 03:47:27","date_modified":"2026-06-26 03:47:27","permalink":{"id":224977,"object_type":"structure","relational_id":14250,"identifier":"6","token":"45.2\/V\/17\/6","url":"\/45.2\/V\/17\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13194,"edition_id":1,"name":"Other Sources of Energy Generally; Energy Policy","identifier":"17","label":"chapter","depth":3,"order_by":1,"parent_id":12714,"metadata":{},"date_created":"2026-06-26 03:44:26","date_modified":"2026-06-26 03:44:26","permalink":{"id":224889,"object_type":"structure","relational_id":13194,"identifier":"17","token":"45.2\/V\/17","url":"\/45.2\/V\/17\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12714,"edition_id":1,"name":"Other Sources of Energy; Energy Policy","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12713,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":224887,"object_type":"structure","relational_id":12714,"identifier":"V","token":"45.2\/V","url":"\/45.2\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12713,"edition_id":1,"name":"Mines, Minerals, and Energy","identifier":"45.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":222539,"object_type":"structure","relational_id":12713,"identifier":"45.2","token":"45.2","url":"\/45.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":57550,"structure_id":14250,"section_number":"45.2-1717","catch_line":"(Effective until July 1, 2029) Definitions","url":"\/45.2-1717\/","token":"45.2\/V\/17\/6\/45.2-1717","metadata":false},{"id":77219,"structure_id":14250,"section_number":"45.2-1718","catch_line":"(Effective until July 1, 2029) Southwest Virginia Energy Research and Development Authority established; purpose","url":"\/45.2-1718\/","token":"45.2\/V\/17\/6\/45.2-1718","metadata":false},{"id":62469,"structure_id":14250,"section_number":"45.2-1719","catch_line":"(Effective until July 1, 2029) Membership; terms; vacancies; expenses","url":"\/45.2-1719\/","token":"45.2\/V\/17\/6\/45.2-1719","metadata":false},{"id":76511,"structure_id":14250,"section_number":"45.2-1720","catch_line":"(Effective until July 1, 2029) Powers and duties of the Authority","url":"\/45.2-1720\/","token":"45.2\/V\/17\/6\/45.2-1720","metadata":false},{"id":75776,"structure_id":14250,"section_number":"45.2-1721","catch_line":"(Effective until July 1, 2029) Annual report","url":"\/45.2-1721\/","token":"45.2\/V\/17\/6\/45.2-1721","metadata":false},{"id":75533,"structure_id":14250,"section_number":"45.2-1722","catch_line":"(Effective until July 1, 2029) Confidentiality of information","url":"\/45.2-1722\/","token":"45.2\/V\/17\/6\/45.2-1722","metadata":false},{"id":55481,"structure_id":14250,"section_number":"45.2-1723","catch_line":"(Effective until July 1, 2029) Declaration of public purpose; exemption from taxation","url":"\/45.2-1723\/","token":"45.2\/V\/17\/6\/45.2-1723","metadata":false},{"id":75551,"structure_id":14250,"section_number":"45.2-1724","catch_line":"(Effective until July 1, 2029) Sunset","url":"\/45.2-1724\/","token":"45.2\/V\/17\/6\/45.2-1724","metadata":false}],"previous_section":{"id":62469,"structure_id":14250,"section_number":"45.2-1719","catch_line":"(Effective until July 1, 2029) Membership; terms; vacancies; expenses","url":"\/45.2-1719\/","token":"45.2\/V\/17\/6\/45.2-1719","metadata":false},"next_section":{"id":75776,"structure_id":14250,"section_number":"45.2-1721","catch_line":"(Effective until July 1, 2029) Annual report","url":"\/45.2-1721\/","token":"45.2\/V\/17\/6\/45.2-1721","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/45.2-1720\/","history_text":"

This law was first created in 2019. The record of its establishment is cataloged in chapters 555<\/a> and 556<\/a> 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. 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 2023, chapters 720<\/a> and 721<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":224991,"object_type":"law","relational_id":76511,"identifier":"45.2-1720","token":"45.2\/V\/17\/6\/45.2-1720","url":"\/45.2-1720\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/45.2-1720\/","token":"45.2\/V\/17\/6\/45.2-1720","dublin_core":{"Title":"(Effective until July 1, 2029) Powers and duties of the Authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 45.2-1720","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

In addition to the other powers and duties established under this article, the Authority<\/span> has the power and duty to:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Adopt, use, and alter at will an official seal; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Make bylaws for the management and regulation of its affairs; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Maintain an office at any place within the Commonwealth it designates; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Accept, hold, and administer moneys, grants, securities, or other property transferred, given, or bequeathed to the Authority<\/span>, absolutely or in trust, from any source, public or private, for the purposes for which the Authority<\/span> is established; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Make and execute contracts<\/span> and all other instruments and agreements necessary or convenient for the exercise of its powers and functions, including executing contracts<\/span> and all other instruments and agreements that the Authority<\/span> deems necessary with the nonprofit collaborative<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Employ, in its discretion, consultants, attorneys, architects, engineers, accountants, financial experts, investment bankers, superintendents, managers, and any other employees and agents necessary and fix their compensation to be payable from funds made available to the Authority<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Invest its funds as permitted by applicable law<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Receive and accept from any federal or private agency, foundation, corporation, association, or person grants, donations of money, or real or personal property for the benefit of the Authority<\/span>, and receive and accept from the Commonwealth or any other state, from any municipality, county, or other political subdivision thereof, or from any other source, aid or contributions of either money, property, or other things of value, to be held, used, and applied for the purposes for which such grants and contributions may be made; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> Enter into agreements with any department<\/span>, agency, or instrumentality of the United States or of the Commonwealth and its political subdivisions and with lenders and enter into loans with contracting parties for the purpose of conducting research and development, energy project development, and planning, regulating, and providing for the financing or leasing or assisting in the financing or leasing of any project; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> Do any lawful act necessary or appropriate to carry out the powers granted or reasonably implied in this article; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> Leverage the strength in energy workforce and energy technology research and development of the Commonwealth’s public and private institutions of higher education; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

12.<\/span> Support energy development projects<\/span> generally, including pump storage hydropower, energy storage, hydrogen production and uses, carbon capture and storage, geothermal energy, and advanced wind and solar energy; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

13.<\/span> Promote energy development projects<\/span> on closed power plant sites, brownfield sites, former coal mine sites, reclaimed coal mine sites, abandoned mine lands, and lands adjacent thereto; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

14.<\/span> Promote energy workforce development and energy supply chain development; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

15.<\/span> Assist energy technology research and development by, among other actions, promoting the development of a Southwest Virginia Energy Park<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

16.<\/span> Identify and work with the Commonwealth’s industries and nonprofit partners and, through mutually agreed collaborations, the Commonwealth’s research and development partners, in advancing efforts related to energy development in Southwest Virginia; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

17.<\/span> Promote the capture and beneficial use of coal mine methane<\/span> from active, inactive, and abandoned coal mines as a low-carbon intensity feedstock for manufacturing and energy generation projects located in Southwest Virginia. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\n(EFFECTIVE UNTIL JULY 1, 2029) POWERS AND DUTIES OF THE AUTHORITY (\u00a7 45.2-1720)\n\nIn addition to the other powers and duties established under this article, the\nAuthority has the power and duty to:\n\n1. Adopt, use, and alter at will an official seal;\n\n2. Make bylaws for the management and regulation of its affairs;\n\n3. Maintain an office at any place within the Commonwealth it designates;\n\n4. Accept, hold, and administer moneys, grants, securities, or other property\ntransferred, given, or bequeathed to the Authority, absolutely or in trust, from\nany source, public or private, for the purposes for which the Authority is\nestablished;\n\n5. Make and execute contracts and all other instruments and agreements necessary\nor convenient for the exercise of its powers and functions, including executing\ncontracts and all other instruments and agreements that the Authority deems\nnecessary with the nonprofit collaborative;\n\n6. Employ, in its discretion, consultants, attorneys, architects, engineers,\naccountants, financial experts, investment bankers, superintendents, managers,\nand any other employees and agents necessary and fix their compensation to be\npayable from funds made available to the Authority;\n\n7. Invest its funds as permitted by applicable law;\n\n8. Receive and accept from any federal or private agency, foundation,\ncorporation, association, or person grants, donations of money, or real or\npersonal property for the benefit of the Authority, and receive and accept from\nthe Commonwealth or any other state, from any municipality, county, or other\npolitical subdivision thereof, or from any other source, aid or contributions of\neither money, property, or other things of value, to be held, used, and applied\nfor the purposes for which such grants and contributions may be made;\n\n9. Enter into agreements with any department, agency, or instrumentality of the\nUnited States or of the Commonwealth and its political subdivisions and with\nlenders and enter into loans with contracting parties for the purpose of\nconducting research and development, energy project development, and planning,\nregulating, and providing for the financing or leasing or assisting in the\nfinancing or leasing of any project;\n\n10. Do any lawful act necessary or appropriate to carry out the powers granted\nor reasonably implied in this article;\n\n11. Leverage the strength in energy workforce and energy technology research and\ndevelopment of the Commonwealth’s public and private institutions of\nhigher education;\n\n12. Support energy development projects generally, including pump storage\nhydropower, energy storage, hydrogen production and uses, carbon capture and\nstorage, geothermal energy, and advanced wind and solar energy;\n\n13. Promote energy development projects on closed power plant sites, brownfield\nsites, former coal mine sites, reclaimed coal mine sites, abandoned mine lands,\nand lands adjacent thereto;\n\n14. Promote energy workforce development and energy supply chain development;\n\n15. Assist energy technology research and development by, among other actions,\npromoting the development of a Southwest Virginia Energy Park;\n\n16. Identify and work with the Commonwealth’s industries and nonprofit\npartners and, through mutually agreed collaborations, the Commonwealth’s\nresearch and development partners, in advancing efforts related to energy\ndevelopment in Southwest Virginia; and\n\n17. Promote the capture and beneficial use of coal mine methane from active,\ninactive, and abandoned coal mines as a low-carbon intensity feedstock for\nmanufacturing and energy generation projects located in Southwest Virginia.\n\nHISTORY: 2019, cc. 555, 556, \u00a7 67-1603; 2021, Sp. Sess. I, c. 387; 2023, cc.\n720, 721.","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}}