30-254 - Dissolution. - Virginia Statutes

§ 30-254. Dissolution.

In the event that this Agreement shall be terminated by operation of §30-253, the Commission shall be dissolved, its assets and liabilitiestransferred, and its corporate affairs wound up in accordance with theunanimous agreement of its signatories, or failing unanimous agreement, insuch manner that the assets and liabilities of the Commission shall be sharedby the respective states.

(1980, c. 662, § 62.1-69.19; 1981, c. 127; 2004, c. 1000.)