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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Virginia Code Title 45.2. Mines, Minerals, and Energy § 45.2-612. Negotiating purchase or lease of coal properties - last updated January 01, 2025 | https://codes.findlaw.com/va/title-45-2-mines-minerals-and-energy/va-code-sect-45-2-612/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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