Virginia Statutes

§ 15.2-7424 — Existing contracts, leases, franchises, etc., not impaired

Virginia § 15.2-7424
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IVOTHER GOVERNMENTAL ENTITIES
Ch. 74EASTERN SHORE WATER ACCESS AUTHORITY

This text of Virginia § 15.2-7424 (Existing contracts, leases, franchises, etc., not impaired) 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. § 15.2-7424 (2026).

Text

No provision of this act shall relieve, impair, or affect any right, duty, liability, or obligation arising out of any contract, concession, lease, or franchise now in existence except to the extent that such contract, concession, lease, or franchise may permit. Notwithstanding the foregoing provisions of this section, the Authority may renegotiate, renew, extend the term of, or otherwise modify at any time any contract, concession, lease, or franchise now in existence in such manner and on such terms and conditions as it may deem appropriate, provided that the operator of or under any said contract, concession, lease, or franchise consents to said renegotiation, renewal, extension, or modification.

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Legislative History

2014, c. 471.

Nearby Sections

15
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Bluebook (online)
Virginia § 15.2-7424, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-7424.