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Va. Code Ann. § 15.2-5429

Legislative consent to application of laws of other states

Known as the Electric Authorities Act

The act spans §§ 15.2-5400 to 15.2-5431 (36 sections).

1979, c. 416, § 15.1-1632; 1997, c. 587.

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.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.