Code of Virginia
Chapter 54 - Electric Authorities Act
§ 15.2-5429. Legislative consent to application of laws of other states

Legislative consent is hereby given (i) to the application of the laws of other states with respect to taxation, payments in lieu of taxes, and the assessment thereof, to any authority created pursuant to this chapter, which has acquired or has an interest in a project, real or personal, situated outside the Commonwealth or which owns or operates a project outside the Commonwealth pursuant to this chapter and (ii) to the application of regulatory and other laws of other states and of the United States to any authority which owns or operates a project outside the Commonwealth.
1979, c. 416, § 15.1-1632; 1997, c. 587.

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