Code of Virginia § 45.2-612. Negotiating purchase or lease of coal properties.

127 words·~1 min read·/va/title-45-2/chapter-6/45-2-612

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Whenever the Governor proclaims that an emergency exists under this article and appoints the Virginia Fuel Commission pursuant to § 45.2-611 , the Commission shall make a bona fide attempt to negotiate the purchase or lease of the coal property of any person engaged in the mining, production, or marketing of coal as the Commission deems necessary to accomplish the purposes of this article. However, where such negotiations cannot be promptly made due to the incapacity of the owner of the property, or for any other reason, the Commission is not required to attempt to negotiate for the acquisition of such property.

Code 1950, § 45-150; 1950, p. 31; 1966, c. 594, § 45.1-150; 1994, c. 28 , § 45.1-161.319; 2021, Sp. Sess. I, c. 387 .