{"data":{"id":"us-va/va.-code-59.1-267","jurisdiction":"us-va","citation":"Va. Code § 59.1-267","heading":"Contracts required to be in writing; contents","body":"A. Every business opportunity sales contract shall be in writing and a copy shall be given to the purchaser at the time he signs the contract.B. Every contract for the sale of a business opportunity shall include the following:1. The terms and conditions of payment;2. A full and detailed description of the acts or services that the business opportunity seller undertakes to perform for the purchaser;3. The seller's principal business address and the name and address of its agent in the Commonwealth of Virginia authorized to receive service of process;4. A full and detailed description of any product, products, equipment or supplies the business opportunity seller is to deliver to the purchaser;5. The approximate delivery date of any product, products, equipment, or supplies the business opportunity seller is to deliver to the purchaser.1979, c. 523.","path":["Title 59.1. TRADE AND COMMERCE","Chapter 21. BUSINESS OPPORTUNITY SALES ACT"],"source_url":"https://law.lis.virginia.gov/vacode/59.1-267/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:49Z","sha256":"823a958de51b2971136679aef99fad3ed82f2bb71d2483b261d92281672691aa","source_id":"us-va","stale":true,"prev":"us-va/va.-code-59.1-266","next":"us-va/va.-code-59.1-268"},"notice":"GroundRules: Original legal text. Not legal advice."}