Virginia Statutes

§ 15.2-2104 — Bond of person awarded franchise, etc

Virginia § 15.2-2104
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IIPOWERS OF LOCAL GOVERNMENT
Ch. 21FRANCHISES; SALE AND LEASE OF CERTAIN MUNICIPAL PUBLIC PROPERTY; PUBLIC UTILITIES
Art. 1FRANCHISES; SALE AND LEASE OF CERTAIN PUBLIC PROPERTY

This text of Virginia § 15.2-2104 (Bond of person awarded franchise, etc) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 15.2-2104 (2026).

Text

The person to whom a franchise, right, lease or privilege is awarded, whether by competing bids or otherwise, shall first execute a bond, with good and sufficient security, in favor of the city or town. The bond shall be in such sum as the city or town shall determine, conditioned upon the construction, operation and maintenance of the plant or plants provided for in the granted franchise, right, lease or privilege.

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Legislative History

Code 1950, § 15-732; 1962, c. 623, § 15.1-312; 1997, c. 587.

Nearby Sections

15
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Bluebook (online)
Virginia § 15.2-2104, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-2104.