{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-7607.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-7607.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-7607.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-7607.html"}],"law_id":57447,"edition_id":1,"section_id":57447,"structure_id":15050,"section_number":"15.2-7607","catch_line":"Dissolution of Authority","history":"2017, c. 388.","full_text":"Each member locality of the Authority may withdraw from the Authority only upon dissolution of the Authority as set forth herein. Whenever the Board determines that the purpose for which the Authority was created has been substantially fulfilled or is impractical or impossible to accomplish and that all obligations incurred by the Authority have been paid or that cash or a sufficient amount of United States government securities has been deposited for their payment, or provisions satisfactory for the timely payment of all its outstanding obligations have been arranged, the Board may adopt resolutions declaring and finding that the Authority shall be dissolved. Appropriate attested copies of such resolutions shall be delivered to the Governor so that legislation dissolving the Authority may be introduced in the General Assembly. The dissolution of the Authority shall become effective according to the terms of such legislation. The title to all funds and other property owned by the Authority at the time of such dissolution shall vest in the counties that have contributed to the Authority’s resources in proportion to their respective contributions.","order_by":null,"text":{"0":{"id":210491,"text":"Each member locality of the Authority may withdraw from the Authority only upon dissolution of the Authority as set forth herein. Whenever the Board determines that the purpose for which the Authority was created has been substantially fulfilled or is impractical or impossible to accomplish and that all obligations incurred by the Authority have been paid or that cash or a sufficient amount of United States government securities has been deposited for their payment, or provisions satisfactory for the timely payment of all its outstanding obligations have been arranged, the Board may adopt resolutions declaring and finding that the Authority shall be dissolved. Appropriate attested copies of such resolutions shall be delivered to the Governor so that legislation dissolving the Authority may be introduced in the General Assembly. The dissolution of the Authority shall become effective according to the terms of such legislation. The title to all funds and other property owned by the Authority at the time of such dissolution shall vest in the counties that have contributed to the Authority’s resources in proportion to their respective contributions.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15050,"edition_id":1,"name":"Rural Coastal Virginia Community Enhancement Authority","identifier":"76","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:51:45","date_modified":"2026-06-26 03:51:45","permalink":{"id":160885,"object_type":"structure","relational_id":15050,"identifier":"76","token":"15.2\/IV\/76","url":"\/15.2\/IV\/76\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12721,"edition_id":1,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":157897,"object_type":"structure","relational_id":12721,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":74033,"structure_id":15050,"section_number":"15.2-7600","catch_line":"Authority created; name","url":"\/15.2-7600\/","token":"15.2\/IV\/76\/15.2-7600","metadata":false},{"id":65485,"structure_id":15050,"section_number":"15.2-7601","catch_line":"Purpose","url":"\/15.2-7601\/","token":"15.2\/IV\/76\/15.2-7601","metadata":false},{"id":74773,"structure_id":15050,"section_number":"15.2-7602","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-7602\/","token":"15.2\/IV\/76\/15.2-7602","metadata":false},{"id":57367,"structure_id":15050,"section_number":"15.2-7603","catch_line":"Powers of Authority","url":"\/15.2-7603\/","token":"15.2\/IV\/76\/15.2-7603","metadata":false},{"id":57924,"structure_id":15050,"section_number":"15.2-7604","catch_line":"Further powers","url":"\/15.2-7604\/","token":"15.2\/IV\/76\/15.2-7604","metadata":false},{"id":86391,"structure_id":15050,"section_number":"15.2-7605","catch_line":"Duties of Authority; governmental functions","url":"\/15.2-7605\/","token":"15.2\/IV\/76\/15.2-7605","metadata":false},{"id":58044,"structure_id":15050,"section_number":"15.2-7606","catch_line":"Duties of planning districts within the coastal region","url":"\/15.2-7606\/","token":"15.2\/IV\/76\/15.2-7606","metadata":false},{"id":57447,"structure_id":15050,"section_number":"15.2-7607","catch_line":"Dissolution of Authority","url":"\/15.2-7607\/","token":"15.2\/IV\/76\/15.2-7607","metadata":false}],"previous_section":{"id":58044,"structure_id":15050,"section_number":"15.2-7606","catch_line":"Duties of planning districts within the coastal region","url":"\/15.2-7606\/","token":"15.2\/IV\/76\/15.2-7606","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-7607\/","history_text":"

This law was first created in 2017. The record of its establishment is cataloged in chapter 388<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":160915,"object_type":"law","relational_id":57447,"identifier":"15.2-7607","token":"15.2\/IV\/76\/15.2-7607","url":"\/15.2-7607\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-7607\/","token":"15.2\/IV\/76\/15.2-7607","dublin_core":{"Title":"Dissolution of Authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-7607","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Each member locality<\/span> of the Authority may withdraw from the Authority only upon dissolution of the Authority as set forth herein. Whenever the Board determines that the purpose for which the Authority was created has been substantially fulfilled or is impractical or impossible to accomplish and that all obligations incurred by the Authority have been paid or that cash or a sufficient amount of United States government securities has been deposited for their payment, or provisions satisfactory for the timely payment of all its outstanding obligations have been arranged, the Board may adopt resolutions declaring and finding<\/span> that the Authority shall be dissolved. Appropriate attested copies of such resolutions shall be delivered to the Governor so that legislation dissolving the Authority may be introduced in the General Assembly. The dissolution of the Authority shall become effective according to the terms of such legislation. The title to all funds and other property owned by the Authority at the time of such dissolution shall vest in the counties that have contributed to the Authority’s resources in proportion to their respective contributions.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDISSOLUTION OF AUTHORITY (\u00a7 15.2-7607)\n\nEach member locality of the Authority may withdraw from the Authority only upon\ndissolution of the Authority as set forth herein. Whenever the Board determines\nthat the purpose for which the Authority was created has been substantially\nfulfilled or is impractical or impossible to accomplish and that all obligations\nincurred by the Authority have been paid or that cash or a sufficient amount of\nUnited States government securities has been deposited for their payment, or\nprovisions satisfactory for the timely payment of all its outstanding\nobligations have been arranged, the Board may adopt resolutions declaring and\nfinding that the Authority shall be dissolved. Appropriate attested copies of\nsuch resolutions shall be delivered to the Governor so that legislation\ndissolving the Authority may be introduced in the General Assembly. The\ndissolution of the Authority shall become effective according to the terms of\nsuch legislation. The title to all funds and other property owned by the\nAuthority at the time of such dissolution shall vest in the counties that have\ncontributed to the Authority’s resources in proportion to their respective\ncontributions.\n\nHISTORY: 2017, c. 388.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}