Virginia § 56-80 - Continuing supervisory control over terms and conditions of contracts

Full text of Virginia Code of Virginia § 56-80 — Continuing supervisory control over terms and conditions of contracts, with citation guidance and answers to common questions.

§ 56-80. Continuing supervisory control over terms and conditions of contracts

The Commission shall have continuing supervisory control over the terms and conditions of such contracts and arrangements as are herein described so far as necessary to protect and promote the public interest. The Commission shall have the same jurisdiction over the modification or amendment of contracts or arrangements herein described as it has over such original contracts or arrangements. The fact that the Commission shall have approved entry into any such contract or arrangement shall not preclude disallowance or disapproval of payments made pursuant thereto in the future, if upon actual experience under such contract or arrangement, it appears that the payments provided for, or made, were, or are, unreasonable. Every order of the Commission approving any such contract or arrangement shall be expressly conditioned upon the reserved power of the Commission to revise and amend the terms and conditions thereof, if, when and as necessary to protect and promote the public interest.

1934, p. 745; Michie Code 1942, § 3774f.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 56-80

What does Code of Virginia § 56-80 cover?

Section 56-80 ("Continuing supervisory control over terms and conditions of contracts") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 56-80?

A common citation format is "Code of Virginia § 56-80" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 56-80 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.