                                 CODE OF VIRGINIA

GRANTS AND LOANS FOR DAMS LICENSED UNDER OR BY THE FEDERAL ENERGY REGULATORY
COMMISSION (§ 29.1-101.8)

In the event that the Federal Energy Regulatory Commission issues a license for
hydropower generation in connection with a dam that is the subject of a loan or
grant from the Fund, that loan balance and all accrued interest and the full
amount of the grant shall be due and payable one year from the date the federal
license is issued or at the expiration of the term of the loan, whichever is
earlier.

HISTORY: 1989, c. 5, § 10.1-1220; 1992, cc. 464, 887.