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Express warranties of quality (§ 55-488)
2016A Express warranties made by any seller to a purchaser of a cooperative interest, if relied upon by the purchaser, are created as follows: B Neither formal words, such as “warranty” or “guarantee,” nor a specific intention to . . .
Dissolving the Local Enterprise Zone Development Fund (§ 58.1-3245.11)
2016The existence of a local enterprise zone shall terminate, and the Local Enterprise Zone Development Fund shall dissolve, upon the earliest to occur of (i) the passage by the governing body of an ordinance repealing the local enterprise zone taxation . . .
Matching grants for contributions to a material restoration of a Presidential home (§ 10.1-2213.1)
2016A As used in this section, unless the context requires a different meaning:”Charitable contribution” means a cash contribution from an individual, estate, corporation, partnership, trust, foundation, fund, association or any other entity . . .
State Land Evaluation Advisory Committee continued as State Land Evaluation Advisory Council; membership; duties; ordinances to be filed with Council (§ 58.1-3239)
2016The State Land Evaluation Advisory Committee is continued and shall hereafter be known as the State Land Evaluation Advisory Council. The Advisory Council shall be composed of the Tax Commissioner, the dean of the College of Agriculture of Virginia P . . .
Levy of tax or service charge; when district in two or more counties or cities; landbooks certified to treasurers (§ 10.1-626)
2016A On or before March 1 of each year, the trustees of the watershed improvement district shall make an estimate of the amount of money they deem necessary to be raised for the year in such district (i) for operating expenses and interest payments and . . .
Conveyance of state-owned bottomlands (§ 28.2-1200.1)
2016A In order to fulfill the Commonwealth’s responsibility under Article XI of the Constitution of Virginia to conserve and protect public lands for the benefit of the people, the Commonwealth shall not convey fee simple title to state-owned botto . . .
Appraisals; loan-to-value ratios (§ 6.2-1180)
2016A A savings institution may make a real estate loan only after a qualified person designated by the savings institution has submitted a signed appraisal of the security property, except that an insured or guaranteed loan may be made on the basis of a . . .
Acquisition of title subject to reservation of farming or timber rights; acquisition of easements, etc.; property to be made available for farming and timber uses (§ 10.1-1703)
2016Any public body is authorized to acquire (i) unrestricted fee simple title to tracts; (ii) fee simple title to such land subject to reservation of rights to use such lands for farming or to reservation of timber rights thereon; or (iii) easements in . . .
Classification of certain energy-efficient buildings for tax purposes (§ 58.1-3221.2)
2016A Energy-efficient buildings, not including the real estate or land on which they are located, are hereby declared to be a separate class of property and shall constitute a classification for local taxation separate from other classifications of real . . .
Entities not permitted to plead usury (§ 6.2-308)
2016A No (i) corporation, (ii) partnership that is required to file a certificate pursuant to Chapter 2.1 (§ 50-73.1 et seq.) of Title 50 or was required to file a certificate pursuant to former Chapter 2 (§ 50-44 et seq.) or Chapter 3 (§ 50-74 et seq . . .