Virginia § 59.1-506.16 - Termination; survival of obligations
Full text of Virginia Code of Virginia § 59.1-506.16 — Termination; survival of obligations, with citation guidance and answers to common questions.
§ 59.1-506.16. Termination; survival of obligations
(a) Except as otherwise provided in subsection (b), on termination all obligations that are still executory on both sides are discharged.
(b) The following survive termination:
(1) a right based on previous breach or performance of the contract;
(2) an obligation of confidentiality, nondisclosure, or noncompetition to the extent enforceable under other law;
(3) a contractual use term applicable to any licensed copy or information received from the other party, or copies made of it, which are not returned or returnable to the other party;
(4) an obligation to deliver, or dispose of information, materials, documentation, copies, records, or the like to the other party, an obligation to destroy copies, or a right to obtain information from an escrow agent;
(5) a choice of law or forum;
(6) an obligation to arbitrate or otherwise resolve disputes by alternative dispute resolution procedures;
(7) a term limiting the time for commencing an action or for giving notice;
(8) an indemnity term or a right related to a claim of a type described in § 59.1-508.5 (d) (1);
(9) a limitation of remedy or modification or disclaimer of warranty;
(10) an obligation to provide an accounting and make any payment due under the accounting; and
(11) any term that the agreement provides will survive.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 59.1-506.16
What does Code of Virginia § 59.1-506.16 cover?
Section 59.1-506.16 ("Termination; survival of obligations") 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 § 59.1-506.16?
A common citation format is "Code of Virginia § 59.1-506.16" (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 § 59.1-506.16 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.