Code of Virginia - Title 33.1 Highways, Bridges And Ferries - Section 33.1-140 Sale or lease of properties acquired

§ 33.1-140. Sale or lease of properties acquired

The Commissioner may sell or otherwise dispose of any improvements on lands acquired under the terms of this chapter, or lease such land and improvements until such time as the land is needed for immediate highway construction purposes. Any residue parcels of lands so acquired which are found to be unnecessary for highway purposes may be sold or otherwise disposed of by the Commissioner.

All revenues received from the rental or disposition of such land and improvements shall be deposited in the Highway Right-of-Way Fund.

(Code 1950, § 33-75.8; 1964, c. 263; 1970, c. 322.)

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Last modified: April 3, 2009