Reversion to the Commonwealth

Va. Code Ann. § 4.1-618
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
In the event of the dissolution of the Authority, all assets of the Authority, after satisfaction of creditors, shall revert to the Commonwealth. 2021, Sp. Sess. I, cc. 550 , 551 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/4.1-618/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements