Virginia § 33.2-2811 - Withdrawal from the Authority

Full text of Virginia Code of Virginia § 33.2-2811 — Withdrawal from the Authority, with citation guidance and answers to common questions.

§ 33.2-2811. Withdrawal from the Authority

A member of the Authority may withdraw from the participation in and the obligations of the Authority by a resolution or an ordinance of its governing body, and pursuant to such conditions and procedures adopted by the Authority. However, if the Authority has any outstanding bonds or other debt, no member may withdraw from the Authority without the unanimous consent of all the holders of such bonds unless such bonds have been paid or cashed or United States government obligations have been deposited for their payment.

2009, c. 645, § 15.2-7034; 2014, c. 805.

Frequently Asked Questions About Virginia § 33.2-2811

What does Code of Virginia § 33.2-2811 cover?

Section 33.2-2811 ("Withdrawal from the Authority") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 33.2-2811?

A common citation format is "Code of Virginia § 33.2-2811" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 33.2-2811 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.