Code of Virginia - Title 56 Public Service Companies - Section 56-518 Expense of operation, etc.; payment of revenues, etc., into state treasury

§ 56-518. Expense of operation, etc.; payment of revenues, etc., into state treasury

The expense of operating any utility pursuant to the provisions of this chapter, and of training prospective employees or otherwise preparing to operate the same shall be paid out of the appropriation for criminal charges upon such authorizations as the Governor may prescribe, and all funds, revenues or reimbursements derived from or received as a result of such operations shall be paid into the state treasury and credited to such appropriation, or, after full reimbursement of such appropriation for expenditures therefrom, additional funds may be credited to such other appropriations as the Governor may direct, and subsequent disbursements in carrying out the purposes of this chapter may be made therefrom.

(1952, c. 696.)

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Last modified: April 3, 2009