{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-299.6.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-299.6.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-299.6.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-299.6.html"}],"law_id":66867,"edition_id":1,"section_id":66867,"structure_id":14957,"section_number":"33.2-299.6","catch_line":"Dissolution of Authority","history":"2020, cc. 1230, 1275.","full_text":"Whenever the Board determines that the purposes for which it was created have been substantially fulfilled or are impractical or impossible to accomplish and that all bonds theretofore issued and all other obligations therefore 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, and upon the approval of the Governor and the General Assembly, the Board may adopt resolutions or ordinances declaring and finding that the Authority should be dissolved and that appropriate articles of dissolution shall be filed with the State Corporation Commission. Upon the filing of such articles of dissolution by the Authority, such dissolution shall become effective and the title to all funds and other property owned by the Authority at the time of such filing shall vest in the Department.","order_by":null,"text":{"0":{"id":242458,"text":"Whenever the Board determines that the purposes for which it was created have been substantially fulfilled or are impractical or impossible to accomplish and that all bonds theretofore issued and all other obligations therefore 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, and upon the approval of the Governor and the General Assembly, the Board may adopt resolutions or ordinances declaring and finding that the Authority should be dissolved and that appropriate articles of dissolution shall be filed with the State Corporation Commission. Upon the filing of such articles of dissolution by the Authority, such dissolution shall become effective and the title to all funds and other property owned by the Authority at the time of such filing shall vest in the Department.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14957,"edition_id":1,"name":"Virginia Passenger Rail Authority Act","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13136,"metadata":{},"date_created":"2026-06-26 03:51:05","date_modified":"2026-06-26 03:51:05","permalink":{"id":205283,"object_type":"structure","relational_id":14957,"identifier":"6","token":"33.2\/I\/2\/6","url":"\/33.2\/I\/2\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13136,"edition_id":1,"name":"Transportation Entities","identifier":"2","label":"chapter","depth":3,"order_by":1,"parent_id":13135,"metadata":{},"date_created":"2026-06-26 03:44:20","date_modified":"2026-06-26 03:44:20","permalink":{"id":204875,"object_type":"structure","relational_id":13136,"identifier":"2","token":"33.2\/I\/2","url":"\/33.2\/I\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13135,"edition_id":1,"name":"General Provisions and Transportation Entities","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:44:20","date_modified":"2026-06-26 03:44:20","permalink":{"id":204787,"object_type":"structure","relational_id":13135,"identifier":"I","token":"33.2\/I","url":"\/33.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":65292,"structure_id":14957,"section_number":"33.2-287","catch_line":"Definitions","url":"\/33.2-287\/","token":"33.2\/I\/2\/6\/33.2-287","metadata":false},{"id":83123,"structure_id":14957,"section_number":"33.2-288","catch_line":"Declaration of public purpose; Virginia Passenger Rail Authority","url":"\/33.2-288\/","token":"33.2\/I\/2\/6\/33.2-288","metadata":false},{"id":61923,"structure_id":14957,"section_number":"33.2-289","catch_line":"Board of Directors","url":"\/33.2-289\/","token":"33.2\/I\/2\/6\/33.2-289","metadata":false},{"id":80981,"structure_id":14957,"section_number":"33.2-290","catch_line":"Executive Director; agents and employees","url":"\/33.2-290\/","token":"33.2\/I\/2\/6\/33.2-290","metadata":false},{"id":76138,"structure_id":14957,"section_number":"33.2-291","catch_line":"Local authorities subordinate to Authority","url":"\/33.2-291\/","token":"33.2\/I\/2\/6\/33.2-291","metadata":false},{"id":64713,"structure_id":14957,"section_number":"33.2-292","catch_line":"Powers of the Authority","url":"\/33.2-292\/","token":"33.2\/I\/2\/6\/33.2-292","metadata":false},{"id":67230,"structure_id":14957,"section_number":"33.2-293","catch_line":"Acquisition, possession, and disposition of rail facilities; eminent domain","url":"\/33.2-293\/","token":"33.2\/I\/2\/6\/33.2-293","metadata":false},{"id":69208,"structure_id":14957,"section_number":"33.2-294","catch_line":"Issuance of bonds","url":"\/33.2-294\/","token":"33.2\/I\/2\/6\/33.2-294","metadata":false},{"id":82882,"structure_id":14957,"section_number":"33.2-295","catch_line":"Deposit and investment of funds","url":"\/33.2-295\/","token":"33.2\/I\/2\/6\/33.2-295","metadata":false},{"id":76260,"structure_id":14957,"section_number":"33.2-296","catch_line":"Revenues of the Authority","url":"\/33.2-296\/","token":"33.2\/I\/2\/6\/33.2-296","metadata":false},{"id":77741,"structure_id":14957,"section_number":"33.2-297","catch_line":"Moneys of Authority","url":"\/33.2-297\/","token":"33.2\/I\/2\/6\/33.2-297","metadata":false},{"id":67167,"structure_id":14957,"section_number":"33.2-298","catch_line":"Annual budget","url":"\/33.2-298\/","token":"33.2\/I\/2\/6\/33.2-298","metadata":false},{"id":63198,"structure_id":14957,"section_number":"33.2-299","catch_line":"Recordkeeping; audits","url":"\/33.2-299\/","token":"33.2\/I\/2\/6\/33.2-299","metadata":false},{"id":77868,"structure_id":14957,"section_number":"33.2-299.1","catch_line":"Exemption of Authority from personnel and procurement procedures","url":"\/33.2-299.1\/","token":"33.2\/I\/2\/6\/33.2-299.1","metadata":false},{"id":81757,"structure_id":14957,"section_number":"33.2-299.2","catch_line":"Police powers; Authority rules and regulations","url":"\/33.2-299.2\/","token":"33.2\/I\/2\/6\/33.2-299.2","metadata":false},{"id":70141,"structure_id":14957,"section_number":"33.2-299.3","catch_line":"Governmental function; exemption from taxation","url":"\/33.2-299.3\/","token":"33.2\/I\/2\/6\/33.2-299.3","metadata":false},{"id":57064,"structure_id":14957,"section_number":"33.2-299.4","catch_line":"Cooperation with federal agencies","url":"\/33.2-299.4\/","token":"33.2\/I\/2\/6\/33.2-299.4","metadata":false},{"id":82633,"structure_id":14957,"section_number":"33.2-299.5","catch_line":"Continuing responsibilities of the Transportation Board and the Department","url":"\/33.2-299.5\/","token":"33.2\/I\/2\/6\/33.2-299.5","metadata":false},{"id":66867,"structure_id":14957,"section_number":"33.2-299.6","catch_line":"Dissolution of Authority","url":"\/33.2-299.6\/","token":"33.2\/I\/2\/6\/33.2-299.6","metadata":false},{"id":59906,"structure_id":14957,"section_number":"33.2-299.7","catch_line":"Exclusions from the Virginia Freedom of Information Act; proprietary records and trade secrets","url":"\/33.2-299.7\/","token":"33.2\/I\/2\/6\/33.2-299.7","metadata":false},{"id":75391,"structure_id":14957,"section_number":"33.2-299.8","catch_line":"Liberal construction","url":"\/33.2-299.8\/","token":"33.2\/I\/2\/6\/33.2-299.8","metadata":false}],"previous_section":{"id":82633,"structure_id":14957,"section_number":"33.2-299.5","catch_line":"Continuing responsibilities of the Transportation Board and the Department","url":"\/33.2-299.5\/","token":"33.2\/I\/2\/6\/33.2-299.5","metadata":false},"next_section":{"id":59906,"structure_id":14957,"section_number":"33.2-299.7","catch_line":"Exclusions from the Virginia Freedom of Information Act; proprietary records and trade secrets","url":"\/33.2-299.7\/","token":"33.2\/I\/2\/6\/33.2-299.7","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-299.6\/","history_text":"<p>This law was first created in 2020. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1230\">1230<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1275\">1275<\/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":205357,"object_type":"law","relational_id":66867,"identifier":"33.2-299.6","token":"33.2\/I\/2\/6\/33.2-299.6","url":"\/33.2-299.6\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-299.6\/","token":"33.2\/I\/2\/6\/33.2-299.6","dublin_core":{"Title":"Dissolution of Authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-299.6","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Whenever the <span class=\"dictionary\">Board<\/span> determines that the purposes for which it was created have been substantially fulfilled or are impractical or impossible to accomplish and that all <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> theretofore issued and all other obligations therefore incurred by the <span class=\"dictionary\">Authority<\/span> have been paid or that cash or a sufficient amount of United States government securities has been deposited for their payment, and upon the approval of the Governor and the General Assembly, the <span class=\"dictionary\">Board<\/span> may adopt resolutions or <span class=\"dictionary\">ordinances<\/span> declaring and <span class=\"dictionary\">finding<\/span> that the <span class=\"dictionary\">Authority<\/span> should be dissolved and that appropriate articles of dissolution shall be filed with the State Corporation Commission. Upon the filing of such articles of dissolution by the <span class=\"dictionary\">Authority<\/span>, such dissolution shall become effective and the title to all funds and other property owned by the <span class=\"dictionary\">Authority<\/span> at the time of such filing shall vest in the <span class=\"dictionary\">Department<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDISSOLUTION OF AUTHORITY (\u00a7 33.2-299.6)\n\nWhenever the Board determines that the purposes for which it was created have\nbeen substantially fulfilled or are impractical or impossible to accomplish and\nthat all bonds theretofore issued and all other obligations therefore incurred\nby the Authority have been paid or that cash or a sufficient amount of United\nStates government securities has been deposited for their payment, and upon the\napproval of the Governor and the General Assembly, the Board may adopt\nresolutions or ordinances declaring and finding that the Authority should be\ndissolved and that appropriate articles of dissolution shall be filed with the\nState Corporation Commission. Upon the filing of such articles of dissolution by\nthe Authority, such dissolution shall become effective and the title to all\nfunds and other property owned by the Authority at the time of such filing shall\nvest in the Department.\n\nHISTORY: 2020, cc. 1230, 1275.","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}}