Chapter 54 Electric Authorities Act
This chapter is comprised of the following sections:
- §15.2-5400 Short title
- §15.2-5401 Intent of General Assembly
- §15.2-5402 Definitions
- §15.2-5403 Creation of electric authority; referendum
- §15.2-5404 Articles of incorporation
- §15.2-5405 Certificate of incorporation or charter; addition and withdrawal of members; board of directors; indemnification of directors, officers or employees
- §15.2-5405.1 Applicability of personnel and procurement procedures to certain authorities
- §15.2-5406 Rights, powers and duties of authority
- §15.2-5406.1 Retail distribution of electric energy limited to certain authorities
- §15.2-5406.2 Tort claims against certain authorities
- §15.2-5407 Membership in more than one authority
- §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
- §15.2-5409 Sale of capacity and output to nonmembers; limitations
- §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
- §15.2-5411 Contracts for planning, acquisition, construction, etc., of projects
- §15.2-5412 Issuance of bonds by authority
- §15.2-5413 Interim receipts and temporary bonds; lost, stolen and destroyed bonds
- §15.2-5414 Bonds not debts of Commonwealth or member governmental unit
- §15.2-5415 Security for bonds; trust agreement; bond resolution
- §15.2-5416 Rents, rates, fees and other charges
- §15.2-5417 Moneys received deemed trust funds
- §15.2-5418 Bondholders’ and trustees’ remedies
- §15.2-5419 Refunding bonds
- §15.2-5420 Status of bonds under Uniform Commercial Code
- §15.2-5421 Bonds as legal investments and lawful security
- §15.2-5422 Bonds exempt from taxation
- §15.2-5423 Payments in lieu of property taxes; license tax
- §15.2-5423.1 Exemption from taxation for certain authorities
- §15.2-5424 Transfer, etc., of property of political subdivisions upon request of authority
- §15.2-5425 Eminent domain
- §15.2-5426 Annual reports
- §15.2-5427 Liability of members or officers
- §15.2-5428 Dissolution of authority
- §15.2-5429 Legislative consent to application of laws of other states
- §15.2-5430 Provisions of chapter cumulative; construction
- §15.2-5431 Provisions of chapter controlling over other statutes and charters