{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-362.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-362.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-362.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-362.html"}],"law_id":63941,"edition_id":1,"section_id":63941,"structure_id":15001,"section_number":"59.1-362","catch_line":"Reasonableness and good faith","history":"1988, c. 73.","full_text":"A\n\nEvery agreement entered into under this chapter shall impose on the parties the obligation to act in good faith.B\n\nThis 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.","order_by":null,"text":{"0":{"id":232859,"text":"Every agreement entered into under this chapter shall impose on the parties the obligation to act in good faith.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":232860,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":15001,"edition_id":1,"name":"Heavy Equipment Dealer Act","identifier":"28","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:51:25","date_modified":"2026-06-26 03:51:25","permalink":{"id":261001,"object_type":"structure","relational_id":15001,"identifier":"28","token":"59.1\/28","url":"\/59.1\/28\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":57216,"structure_id":15001,"section_number":"59.1-353","catch_line":"Chapter title; definitions","url":"\/59.1-353\/","token":"59.1\/28\/59.1-353","metadata":false},{"id":76110,"structure_id":15001,"section_number":"59.1-354","catch_line":"Cancellation","url":"\/59.1-354\/","token":"59.1\/28\/59.1-354","metadata":false},{"id":60399,"structure_id":15001,"section_number":"59.1-355","catch_line":"Notice of intent to terminate","url":"\/59.1-355\/","token":"59.1\/28\/59.1-355","metadata":false},{"id":82861,"structure_id":15001,"section_number":"59.1-356","catch_line":"Transfer of business","url":"\/59.1-356\/","token":"59.1\/28\/59.1-356","metadata":false},{"id":60800,"structure_id":15001,"section_number":"59.1-357","catch_line":"Notices","url":"\/59.1-357\/","token":"59.1\/28\/59.1-357","metadata":false},{"id":59059,"structure_id":15001,"section_number":"59.1-358","catch_line":"Remedies","url":"\/59.1-358\/","token":"59.1\/28\/59.1-358","metadata":false},{"id":70127,"structure_id":15001,"section_number":"59.1-359","catch_line":"Management","url":"\/59.1-359\/","token":"59.1\/28\/59.1-359","metadata":false},{"id":79189,"structure_id":15001,"section_number":"59.1-360","catch_line":"Waiver of chapter void","url":"\/59.1-360\/","token":"59.1\/28\/59.1-360","metadata":false},{"id":59455,"structure_id":15001,"section_number":"59.1-361","catch_line":"Applicability","url":"\/59.1-361\/","token":"59.1\/28\/59.1-361","metadata":false},{"id":63941,"structure_id":15001,"section_number":"59.1-362","catch_line":"Reasonableness and good faith","url":"\/59.1-362\/","token":"59.1\/28\/59.1-362","metadata":false},{"id":87117,"structure_id":15001,"section_number":"59.1-363","catch_line":"Exclusions","url":"\/59.1-363\/","token":"59.1\/28\/59.1-363","metadata":false}],"previous_section":{"id":59455,"structure_id":15001,"section_number":"59.1-361","catch_line":"Applicability","url":"\/59.1-361\/","token":"59.1\/28\/59.1-361","metadata":false},"next_section":{"id":87117,"structure_id":15001,"section_number":"59.1-363","catch_line":"Exclusions","url":"\/59.1-363\/","token":"59.1\/28\/59.1-363","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-362\/","history_text":"<p>This law was first created in 1988. The record of its establishment is cataloged in chapter 73 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 1988 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":261039,"object_type":"law","relational_id":63941,"identifier":"59.1-362","token":"59.1\/28\/59.1-362","url":"\/59.1-362\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-362\/","token":"59.1\/28\/59.1-362","dublin_core":{"Title":"Reasonableness and good faith","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-362","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Every <span class=\"dictionary\">agreement<\/span> entered into under this chapter shall impose on the parties the obligation to act in good faith. <a id=\"paragraph-232859\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-362\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> This chapter shall impose on every term and provision of any <span class=\"dictionary\">agreement<\/span> a requirement of reasonableness. Every term or provision of any <span class=\"dictionary\">agreement<\/span> shall be interpreted so that the requirements or obligations imposed therein are reasonable. <a id=\"paragraph-232860\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-362\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nREASONABLENESS AND GOOD FAITH (\u00a7 59.1-362)\n\nA. Every agreement entered into under this chapter shall impose on the parties\nthe obligation to act in good faith.\n\nB. This chapter shall impose on every term and provision of any agreement a\nrequirement of reasonableness. Every term or provision of any agreement shall be\ninterpreted so that the requirements or obligations imposed therein are\nreasonable.\n\nHISTORY: 1988, c. 73.","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}}