Virginia § 59.1-21.11:2 - Required provisions pertaining to agreements between jobber/distributors and dealers
Full text of Virginia Code of Virginia § 59.1-21.11:2 — Required provisions pertaining to agreements between jobber/distributors and dealers, with citation guidance and answers to common questions.
§ 59.1-21.11:2. Required provisions pertaining to agreements between jobber/distributors and dealers
A. A term of an initial agreement between a jobber/distributor and a dealer relating to specific marketing premises shall not be less than one year, and the term of all subsequent agreements between the jobber/distributor and the dealer relating to the same marketing premises shall not be for less than three years. The rental provisions in any such agreement or franchise shall be based on commercially fair and reasonable standards at a fair market value of the leased marketing premises. If a dealer believes the terms of the agreement offered do not meet a fair market value, such dealer may hire, at his expense, an independent third-party appraisal company from a list of appraisal companies provided by the jobber/distributor to provide a market valuation study. Such study shall (i) be for informational purposes only, (ii) not require either party to disclose confidential business information, and (iii) not bind either party.
B. The provisions of this section shall be limited to Planning District 8 and shall apply to initial franchise agreements and renewals of franchise agreements entered into after July 1, 2024.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 59.1-21.11:2
What does Code of Virginia § 59.1-21.11:2 cover?
Section 59.1-21.11:2 ("Required provisions pertaining to agreements between jobber/distributors and dealers") 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 § 59.1-21.11:2?
A common citation format is "Code of Virginia § 59.1-21.11:2" (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 § 59.1-21.11:2 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.