Code of Virginia § 15.2-3708. Transfer of property and indebtedness.
56 words·~1 min read·
/va/title-15-2/chapter-37/15-2-3708A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the effective date of annulment, the title to all property, real and personal, tangible and intangible, of the former town shall be vested in, and the indebtedness become a debt of, the county or counties in which the town was located without any further act or deed.
1992, c. 453, § 15.1-965.37; 1997, c. 587.