SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2024 SESSION

  • | print version

HB 539 Developer performance guarantees; periodic partial or final release of a bond, escrow, etc.

Introduced by: David Owen | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Release of developer performance guarantees. Provides that no governing body or administrative agency shall refuse to make a periodic partial or final release of a bond, escrow, letter of credit, or other performance guarantee for the actions of anyone not under contractual agreement with a subdivider or developer or under the direct supervision and control of the subdivider or developer.


FULL TEXT

HISTORY