Code of Virginia
Chapter 54 - Electric Authorities Act
§ 15.2-5406.1. Retail distribution of electric energy limited to certain authorities

Notwithstanding any other provision in this chapter to the contrary, an authority is not authorized to distribute electric energy for retail sale unless the authority is an authority created by a governmental unit exempt from the referendum requirement of § 15.2-5403. Such distribution shall be limited to retail sales within the geographic area that was, as of January 1, 2006, by the governmental unit of such authority. Nothing in this chapter shall be construed to impair or abridge the exclusive territorial electric distribution rights or property rights of any certificated incumbent public service company operating in the Commonwealth. No such authority is authorized or empowered to take by condemnation, eminent domain, or otherwise, the electric distribution system, utility facilities, or other utility property of any public service company without the consent of such public service company.
2006, cc. 929, 941.

Structure Code of Virginia

Code of Virginia

Title 15.2 - Counties, Cities and Towns

Chapter 54 - Electric Authorities Act

§ 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