§ 33.1-311. Transfer to Commonwealth
When all bonds issued under the provisions of this article in connection with any turnpike project and the interest thereon shall have been paid or a sufficient amount for the payment of all such bonds and the interest thereon to the maturity thereof shall have been set aside in trust for the benefit of the bondholders, such project shall become part of one of the systems of state highways if not theretofore made a part of one of the systems of state highways under the provisions of § 33.1-299 of this article and shall thereafter be maintained by the Board free of tolls.
(Code 1950, § 33-255.16; 1952, c. 223; 1954, c. 520; 1962, c. 552; 1970, c. 322.)
Sections: Previous 33.1-304 33.1-305 33.1-306 33.1-307 33.1-308 33.1-309 33.1-310 33.1-311 33.1-312 33.1-313 33.1-314 33.1-315 33.1-316 33.1-317 33.1-318 NextLast modified: April 16, 2009