Virginia § 59.1-502.7 Formation; releases of informational rights

Virginia Statutes

§ 59.1-502.7 — Formation; releases of informational rights

Virginia § 59.1-502.7

Title 59.1TRADE AND COMMERCE

Ch. 43UNIFORM COMPUTER INFORMATION TRANSACTIONS ACT

Art. 2FORMATION AND TERMS

This text of Virginia § 59.1-502.7 (Formation; releases of informational rights) 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. § 59.1-502.7 (2026).

Text

(a)A release is effective without consideration if it is:

(1)in a record to which the releasing party agrees, such as by manifesting assent, and which identifies the informational rights released; or

(2)enforceable under estoppel, implied license, or other law.

(b)A release continues for the duration of the informational rights released if the release does not specify its duration and does not require affirmative performance after the grant of the release by:

(1)the party granting the release; or

(2)the party receiving the release, except for relatively insignificant acts.

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(a) A release is effective without consideration if it is:

(1) in a record to which the releasing party agrees, such as by manifesting assent, and which identifies the informational rights released; or

(2) enforceable under estoppel, implied license, or other law.

(b) A release continues for the duration of the informational rights released if the release does not specify its duration and does not require affirmative performance after the grant of the release by:

(1) the party granting the release; or

(2) the party receiving the release, except for relatively insignificant acts.