(Effective until July 1, 2029) Southwest Virginia Energy Research and Development Authority established; purpose

Va. Code Ann. § 45.2-1718
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The Southwest Virginia Energy Research and Development Authority is established as a political subdivision of the Commonwealth. The purposes of the Authority are to promote opportunities for energy development in Southwest Virginia, create jobs and economic activity in Southwest Virginia consistent with the Virginia Energy Plan prepared pursuant to Article 4 (§ 45.2-1710 et seq.), and position Southwest Virginia and the Commonwealth as a leader in energy workforce and energy technology research and development. The Authority may also consult with research institutions, businesses, nonprofit organizations, and stakeholders as the Authority deems appropriate. The Authority shall have only those powers enumerated in this article. 2019, cc. 555 , 556 , § 67-1601; 2021, Sp. Sess. I, c. 387 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/45.2-1718/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements