§ 15.2-3532. Required provisions of consolidation agreement
In addition to the provisions required by § 15.2-3529, any consolidation agreement adopted pursuant to this article shall contain the following provisions:
1. The disposition of all property, real or personal, of any locality affected by the proposed consolidation, including any and all debts due to any such locality;
2. Reimbursement for, or assumption of, a just proportion of any existing debt of any locality proposed to be consolidated by the consolidated county or city;
3. Towns located within any county which proposes to consolidate with another county or city, or combination thereof, into a consolidated city, and not a party to the consolidation agreement, shall continue as townships within the proposed consolidated city;
4. Towns located within any county which proposes to consolidate with another county or city, or combination thereof, into a consolidated county, and not a party to the consolidation agreement, shall continue as towns within the proposed consolidated county.
(Code 1950, § 15-222.1; 1962, c. 623, § 15.1-1133; 1979, c. 85; 1997, c. 587.)
Sections: Previous 15.2-3525 15.2-3526 15.2-3527 15.2-3528 15.2-3529 15.2-3530 15.2-3531 15.2-3532 15.2-3533 15.2-3534 15.2-3535 15.2-3536 15.2-3537 15.2-3538 15.2-3539 NextLast modified: April 16, 2009