Virginia Code 50-73.82: Supplemental principles of law
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A. Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
Terms Used In Virginia Code 50-73.82
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
B. If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in § 6.2-302.
1996, c. 292.