Foreclosure Sales and Dissolution

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This is Article 2 of the Code of Virginia, titled “Foreclosure Sales and Dissolution.” It is part of Chapter 1 “General Provisions”, which is part of Title 56 “Public Service Companies”.

It’s comprised of the following 5 sections.

§ 56-10 Effect of such sale; date for meeting of stockholders
§ 56-11 Debts and claims against corporation so sold
§ 56-12 Works and property sold under court decree subject to provisions of three preceding sections
§ 56-13 Effect of dissolution of public service corporation
§ 56-9 Sale of public service corporation under deed of trust; how purchaser may form new corporation