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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Virginia Code Title 33.2. Highways and Other Surface Transportation Systems § 33.2-1509.1. Moratorium on repayment of funds allocated for access roads program - last updated January 01, 2025 | https://codes.findlaw.com/va/title-33-2-highways-and-other-surface-transportation-systems/va-code-sect-33-2-1509-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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