VA SB683

Expands the Commissioner's authority to petition for court-appointed receivers for waterworks by removing the limitation to "private" waterworks, now allowing receivership appointments for any waterworks including public systems

Grounds for receivership appointment include: inability to furnish pure water, inadequate capacity, failure to comply with Commissioner orders, abandonment, forfeiture orders, or imminent public health danger

Courts must hold a hearing within 10 days of a receivership petition, where both the Commissioner and waterworks owner may present evidence

Appointed receivers take possession of waterworks assets and operate the system in customers' best interests, with court-granted powers to manage funds and operations

Receivership continues until the waterworks can be returned to the owner, transferred to a new owner, or otherwise reconfigured as determined by the court to serve public interest