{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/62.1-96.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/62.1-96.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/62.1-96.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/62.1-96.html"}],"law_id":84567,"edition_id":1,"section_id":84567,"structure_id":13566,"section_number":"62.1-96","catch_line":"Transfer or assignment of license","history":"Code 1950, \u00a7 62-85; 1968, c. 659.","full_text":"No voluntary transfer or assignment of any license granted under this chapter shall be made to any transferee or assignee unless he be financially able to carry out the project or development, nor shall any such voluntary transfer or assignment be valid or of any effect whatsoever unless the same shall be in writing and a copy thereof be filed with, and approved by, the Commission, provided that any mortgage or trust deed, or foreclosure under any mortgage or deed of trust, or any judicial or tax sale, merger or consolidation, or any sale of the greater part of the property of the licensee in the Commonwealth, shall not be deemed a voluntary transfer within the meaning of this chapter. Any successor or assignee of the rights of the licensee, whether by voluntary transfer, judicial sale, foreclosure sale or otherwise, shall be subject to all of the obligations, liabilities and conditions incident to such license to the same extent as though such successor or assignee were the original licensee.","order_by":null,"text":{"0":{"id":303091,"text":"No voluntary transfer or assignment of any license granted under this chapter shall be made to any transferee or assignee unless he be financially able to carry out the project or development, nor shall any such voluntary transfer or assignment be valid or of any effect whatsoever unless the same shall be in writing and a copy thereof be filed with, and approved by, the Commission, provided that any mortgage or trust deed, or foreclosure under any mortgage or deed of trust, or any judicial or tax sale, merger or consolidation, or any sale of the greater part of the property of the licensee in the Commonwealth, shall not be deemed a voluntary transfer within the meaning of this chapter. Any successor or assignee of the rights of the licensee, whether by voluntary transfer, judicial sale, foreclosure sale or otherwise, shall be subject to all of the obligations, liabilities and conditions incident to such license to the same extent as though such successor or assignee were the original licensee.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13566,"edition_id":1,"name":"Water-Power Development, Conservation of Hydroelectric Power Dams and Works","identifier":"7","label":"chapter","depth":2,"order_by":1,"parent_id":12909,"metadata":{},"date_created":"2026-06-26 03:45:16","date_modified":"2026-06-26 03:45:16","permalink":{"id":270449,"object_type":"structure","relational_id":13566,"identifier":"7","token":"62.1\/7","url":"\/62.1\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12909,"edition_id":1,"name":"Waters of the State, Ports and Harbors","identifier":"62.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":268199,"object_type":"structure","relational_id":12909,"identifier":"62.1","token":"62.1","url":"\/62.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":54529,"structure_id":13566,"section_number":"62.1-100","catch_line":"Rules of Commission; reports; employment of experts, etc","url":"\/62.1-100\/","token":"62.1\/7\/62.1-100","metadata":false},{"id":64266,"structure_id":13566,"section_number":"62.1-101","catch_line":"Licenses not affected by alteration, amendment or repeal of chapter","url":"\/62.1-101\/","token":"62.1\/7\/62.1-101","metadata":false},{"id":62102,"structure_id":13566,"section_number":"62.1-102","catch_line":"Alteration or amendment of license","url":"\/62.1-102\/","token":"62.1\/7\/62.1-102","metadata":false},{"id":62125,"structure_id":13566,"section_number":"62.1-103","catch_line":"Jurisdiction of United States","url":"\/62.1-103\/","token":"62.1\/7\/62.1-103","metadata":false},{"id":65074,"structure_id":13566,"section_number":"62.1-80","catch_line":"Declaration of public policy","url":"\/62.1-80\/","token":"62.1\/7\/62.1-80","metadata":false},{"id":76400,"structure_id":13566,"section_number":"62.1-80.1","catch_line":"Applicability of chapter","url":"\/62.1-80.1\/","token":"62.1\/7\/62.1-80.1","metadata":false},{"id":63281,"structure_id":13566,"section_number":"62.1-81","catch_line":"\"Waters of the Commonwealth\" defined","url":"\/62.1-81\/","token":"62.1\/7\/62.1-81","metadata":false},{"id":72157,"structure_id":13566,"section_number":"62.1-82","catch_line":"Control and regulation by State Corporation Commission; existing rights of riparian owners","url":"\/62.1-82\/","token":"62.1\/7\/62.1-82","metadata":false},{"id":76133,"structure_id":13566,"section_number":"62.1-83","catch_line":"Dams across waters of Commonwealth","url":"\/62.1-83\/","token":"62.1\/7\/62.1-83","metadata":false},{"id":85122,"structure_id":13566,"section_number":"62.1-84","catch_line":"What \"dam\" includes","url":"\/62.1-84\/","token":"62.1\/7\/62.1-84","metadata":false},{"id":55141,"structure_id":13566,"section_number":"62.1-85","catch_line":"License required to construct dam; application","url":"\/62.1-85\/","token":"62.1\/7\/62.1-85","metadata":false},{"id":61496,"structure_id":13566,"section_number":"62.1-86","catch_line":"Notice of hearing on application","url":"\/62.1-86\/","token":"62.1\/7\/62.1-86","metadata":false},{"id":86050,"structure_id":13566,"section_number":"62.1-87","catch_line":"Proceedings at hearing","url":"\/62.1-87\/","token":"62.1\/7\/62.1-87","metadata":false},{"id":68856,"structure_id":13566,"section_number":"62.1-88","catch_line":"Determination and investigation by Commission","url":"\/62.1-88\/","token":"62.1\/7\/62.1-88","metadata":false},{"id":54636,"structure_id":13566,"section_number":"62.1-89","catch_line":"When license granted","url":"\/62.1-89\/","token":"62.1\/7\/62.1-89","metadata":false},{"id":84729,"structure_id":13566,"section_number":"62.1-90","catch_line":"Rejection of application; requiring applicant to modify plans","url":"\/62.1-90\/","token":"62.1\/7\/62.1-90","metadata":false},{"id":61211,"structure_id":13566,"section_number":"62.1-91","catch_line":"Terms and conditions of license; preventing obstruction of navigation or flow; dams across navigable waters of United States","url":"\/62.1-91\/","token":"62.1\/7\/62.1-91","metadata":false},{"id":58754,"structure_id":13566,"section_number":"62.1-92","catch_line":"Priority of location or appropriation; notice to owners of existing developments","url":"\/62.1-92\/","token":"62.1\/7\/62.1-92","metadata":false},{"id":86436,"structure_id":13566,"section_number":"62.1-93","catch_line":"Time limits on construction of proposed dam and works","url":"\/62.1-93\/","token":"62.1\/7\/62.1-93","metadata":false},{"id":70189,"structure_id":13566,"section_number":"62.1-94","catch_line":"Duration of licenses; acquisition of developments by Commonwealth","url":"\/62.1-94\/","token":"62.1\/7\/62.1-94","metadata":false},{"id":81079,"structure_id":13566,"section_number":"62.1-95","catch_line":"Value of license not to be estimated in valuation for rate making, etc.; intangible water-power value","url":"\/62.1-95\/","token":"62.1\/7\/62.1-95","metadata":false},{"id":84567,"structure_id":13566,"section_number":"62.1-96","catch_line":"Transfer or assignment of license","url":"\/62.1-96\/","token":"62.1\/7\/62.1-96","metadata":false},{"id":61160,"structure_id":13566,"section_number":"62.1-97","catch_line":"Proceedings on violation of terms of license or of provisions of chapter or regulations","url":"\/62.1-97\/","token":"62.1\/7\/62.1-97","metadata":false},{"id":55465,"structure_id":13566,"section_number":"62.1-98","catch_line":"Right of eminent domain of public service corporations","url":"\/62.1-98\/","token":"62.1\/7\/62.1-98","metadata":false},{"id":74361,"structure_id":13566,"section_number":"62.1-99","catch_line":"Water-power developments constructed or acquired prior to certain date","url":"\/62.1-99\/","token":"62.1\/7\/62.1-99","metadata":false}],"previous_section":{"id":81079,"structure_id":13566,"section_number":"62.1-95","catch_line":"Value of license not to be estimated in valuation for rate making, etc.; intangible water-power value","url":"\/62.1-95\/","token":"62.1\/7\/62.1-95","metadata":false},"next_section":{"id":61160,"structure_id":13566,"section_number":"62.1-97","catch_line":"Proceedings on violation of terms of license or of provisions of chapter or regulations","url":"\/62.1-97\/","token":"62.1\/7\/62.1-97","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/62.1-96\/","history_text":"<p>The record of this law\u2019s original creation isn\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 1968, chapter 659.<\/p>","references":false,"refers_to":false,"permalink":{"id":270535,"object_type":"law","relational_id":84567,"identifier":"62.1-96","token":"62.1\/7\/62.1-96","url":"\/62.1-96\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/62.1-96\/","token":"62.1\/7\/62.1-96","dublin_core":{"Title":"Transfer or assignment of license","Type":"Text","Format":"text\/html","Identifier":"\u00a7 62.1-96","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>No <span class=\"dictionary\">voluntary transfer<\/span> or assignment of any license granted under this chapter shall be made to any transferee or assignee unless he be financially able to carry out the project or development, nor shall any such <span class=\"dictionary\">voluntary transfer<\/span> or assignment be valid or of any effect whatsoever unless the same shall be in writing and a copy thereof be filed with, and approved by, the Commission, provided that any mortgage or trust deed, or foreclosure under any mortgage or deed of trust, or any judicial or tax sale, merger or <span class=\"dictionary\">consolidation<\/span>, or any sale of the greater part of the property of the licensee in the Commonwealth, shall not be deemed a <span class=\"dictionary\">voluntary transfer<\/span> within the meaning of this chapter. Any successor or assignee of the rights of the licensee, whether by <span class=\"dictionary\">voluntary transfer<\/span>, judicial sale, foreclosure sale or otherwise, shall be subject to all of the obligations, liabilities and conditions incident to such license to the same extent as though such successor or assignee were the original licensee.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nTRANSFER OR ASSIGNMENT OF LICENSE (\u00a7 62.1-96)\n\nNo voluntary transfer or assignment of any license granted under this chapter\nshall be made to any transferee or assignee unless he be financially able to\ncarry out the project or development, nor shall any such voluntary transfer or\nassignment be valid or of any effect whatsoever unless the same shall be in\nwriting and a copy thereof be filed with, and approved by, the Commission,\nprovided that any mortgage or trust deed, or foreclosure under any mortgage or\ndeed of trust, or any judicial or tax sale, merger or consolidation, or any sale\nof the greater part of the property of the licensee in the Commonwealth, shall\nnot be deemed a voluntary transfer within the meaning of this chapter. Any\nsuccessor or assignee of the rights of the licensee, whether by voluntary\ntransfer, judicial sale, foreclosure sale or otherwise, shall be subject to all\nof the obligations, liabilities and conditions incident to such license to the\nsame extent as though such successor or assignee were the original licensee.\n\nHISTORY: Code 1950, \u00a7 62-85; 1968, c. 659.","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}}