§ 62.1-69.52 Withdrawal; dissolution
A. A locality may withdraw from the Commission one year after providing written notice to the Commission of its intent to do so.
B. The Commission may be dissolved (i) upon three-fourths vote of its members, (ii) if the membership falls below three-fourths of the number of localities eligible for membership in the Commission, or (iii) by repeal or expiration of this chapter.
C. Upon the Commission’s dissolution, all funds and assets of the Commission, including funds received from private sources, shall be divided and distributed on a pro rata basis to the member local governing bodies. All state funds and assets, if any, shall be transferred to the Office of the Secretary of Natural and Historic Resources for appropriate distribution.
History
This law was first created in 2004. The record of its establishment is cataloged in chapter 394 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. That modification is as follows: in 2021, chapter 401 of the Special Session I.
2004, c. 394; 2021, Sp. Sess. I, c. 401.