                                 CODE OF VIRGINIA

FINDINGS OF GENERAL ASSEMBLY (§ 59.1-21.9)

The General Assembly finds and declares that since the distribution and sales
through franchise arrangements of petroleum products in the Commonwealth of
Virginia vitally affect the economy of the Commonwealth, the public interest,
welfare, and transportation, and since the preservation of the rights,
responsibilities, and independence of the small businesses in the Commonwealth
is essential to economic vitality, it is necessary to define the relationships
and responsibilities of the parties to certain agreements pertaining thereto.
Consistent with these findings and declarations, the provisions of §
59.1-21.15:2, which do not relate to the termination or nonrenewal of petroleum
franchises governed by federal law, advance the interests of the Commonwealth,
and its citizens, by facilitating the purchase of retail service stations by
their occupying lessee-franchisees, thereby insuring the motoring public greater
access to service stations and petroleum products and furthering a more dynamic
and full-service-oriented retail marketplace, while also considering the
interests of the franchisor and, if applicable, the property owner, with regard
to such service station premises.

HISTORY: 1973, c. 423; 1990, c. 907; 2014, c. 222.