Code of Virginia - Title 15.2 Counties, Cities And Towns - Section 15.2-5116 Same; effect of annexation

§ 15.2-5116. Same; effect of annexation

In the event of any annexation by a municipality not a member of the authority of lands, areas, or territory served by the authority, an authority may continue to do business and exercise its jurisdiction over its properties and facilities in and upon or over such lands, areas or territory as long as any bonds or indebtedness remain outstanding or unpaid, or any contracts or other obligations remain in force.

(Code 1950, § 15-764.12; 1950, p. 1318; 1954, c. 554; 1958, cc. 400, 402; 1960, c. 430; 1962, cc. 130, 623, § 15.1-1250; 1968, cc. 355, 556; 1970, cc. 444, 617; 1972, c. 161; 1979, c. 280; 1980, c. 159; 1981, c. 610; 1983, c. 422; 1984, c. 554; 1994, c. 477; 1997, c. 587.)

Sections:  Previous  15.2-5109  15.2-5110  15.2-5111  15.2-5112  15.2-5113  15.2-5114  15.2-5115  15.2-5116  15.2-5117  15.2-5118  15.2-5119  15.2-5120  15.2-5121  15.2-5122  15.2-5123  Next

Last modified: April 2, 2009