                                 CODE OF VIRGINIA

SURRENDER (§ 15.2-2108.29)

Notwithstanding the provisions of this article, a new cable franchisee that
considers, within three years after the grant of a cable franchise under this
article, that its provision of cable services within the locality is no longer
economically feasible may notify the locality and surrender its cable franchise
for the entire locality without liability to such locality. If a new cable
franchisee surrenders its cable service franchise, it shall not be eligible to
obtain a new cable service franchise within such locality until after the normal
expiration date of the franchise that such franchisee surrendered. Such
surrender of a cable franchise shall have no impact on other franchises held by
the new cable franchisee or noncable services offered by the new cable
franchisee.

HISTORY: 2006, cc. 73, 76.