§ 67-1403. (Repealed effective October 1, 2021) Board of the Authority
A. The Authority shall be governed by a board of directors consisting of 17 members appointed as follows: 1. The Director of the Department of Mines, Minerals and Energy or his designee; 2. The President and Chief Executive Officer of the Virginia Economic Development Partnership or his designee; 3. The Chancellor of the Virginia Community […]
§ 67-1404. (Repealed effective October 1, 2021) Establishment of the Consortium
A. The Board shall provide for the formation, by January 1, 2014, of a nonstock corporation under Chapter 10 (§ 13.1-801 et seq.) of Title 13.1, not organized for profit, which corporation shall include in its name the words “Virginia Nuclear Energy Consortium,” or some variation thereof that is approved by the Board. B. The […]
§ 67-1405. (Repealed effective October 1, 2021) Moneys of Authority
All moneys of the Authority, from whatever source derived, shall be paid to the treasurer of the Authority. Such moneys shall be deposited in the first instance by the treasurer in one or more banks or trust companies, in one or more special accounts. All banks and trust companies are authorized to give such security […]
§ 67-1401. (Repealed effective October 1, 2021) Virginia Nuclear Energy Consortium Authority established
There is hereby created and constituted a political subdivision of the Commonwealth to be known as the Virginia Nuclear Energy Consortium Authority (the Authority). The Authority’s exercise of powers conferred by this chapter shall be deemed to be the performance of an essential governmental function and matters of public necessity for which public moneys may […]
§ 67-1400. (Repealed effective October 1, 2021) Definitions
As used in this chapter, unless the context requires a different meaning: “Authority” means the Virginia Nuclear Energy Consortium Authority established pursuant to this chapter. “Board” means the board of directors of the Authority. “Consortium” means the nonstock, nonprofit corporation established by the Authority pursuant to § 67-1404. “Member” means a member of the Consortium. […]
§ 67-1300. through 67-1305
Expired.
§ 67-1208. (Repealed effective October 1, 2021) Director; staff; counsel to the Authority
A. The Director of the Department of Mines, Minerals and Energy shall serve as Director of the Authority and shall administer the affairs and business of the Authority in accordance with the provisions of this chapter and subject to the policies, control, and direction of the Authority. The Director shall maintain, and be custodian of, […]
§ 67-1209. (Repealed effective October 1, 2021) Annual report
On or before October 15 of each year, the Authority shall submit an annual summary of its activities and recommendations to the Governor and the Chairs of the House Committee on Appropriations, the Senate Committee on Finance and Appropriations, the House Committee on Labor and Commerce, and the Senate Committee on Commerce and Labor. Such […]
§ 67-1210. (Repealed effective October 1, 2021) Confidentiality of information
A. The Authority shall hold in confidence the personal and financial information supplied to it, or maintained by it, concerning the siting and development of offshore wind energy projects. B. Nothing in this section shall prohibit the Authority, in its discretion, from releasing any information that has been transformed into a statistical or aggregate form […]
§ 67-1211. (Repealed effective October 1, 2021) Declaration of public purpose; exemption from taxation
A. The exercise of the powers granted by this chapter shall be in all respects for the benefit of the citizens of the Commonwealth and for the promotion of their welfare, convenience, and prosperity. B. The Authority shall be performing an essential governmental function in the exercise of the powers conferred upon it by this […]