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Code · Virginia · Title 33.2 · Chapter 15

Code of Virginia § 33.2-1509.1. Moratorium on repayment of funds allocated for access roads program.

84 words·~1 min read·/va/title-33-2/chapter-15/33-2-1509-1·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Notwithstanding a resolution adopted by a locality or surety bond issued by a locality guaranteeing repayment within five years of an allocation by the Commonwealth Transportation Board, no locality that has been allocated funds for a bonded project by the Commonwealth Transportation Board pursuant to § 33.2-1509 shall repay such funds within a 48-month period beginning on March 16, 2017, provided that all of the other conditions of the Commonwealth Transportation Board's economic development access policy are met.
2017, cc. 531 , 558 .
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