Code of Virginia - Title 56 Public Service Companies - Section 56-572 Dedication of assets

§ 56-572. Dedication of assets

The responsible public entity shall terminate the private entity's authority and duties under this chapter on the date set forth in the interim or comprehensive agreement. Upon termination, the authority and duties of the private entity under this chapter shall cease, and the qualifying transportation facility shall be dedicated to the responsible public entity or, if the qualifying transportation facility was initially dedicated by an affected jurisdiction, to such affected local jurisdiction for public use.

(1994, c. 855; 1995, c. 647; 2005, cc. 504, 562.)

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Last modified: April 3, 2009