Virginia § 33.2-306 - Applicability of §§ 33.2-300 through 33.2-305 to toll projects

Full text of Virginia Code of Virginia § 33.2-306 — Applicability of §§ 33.2-300 through 33.2-305 to toll projects, with citation guidance and answers to common questions.

§ 33.2-306. Applicability of §§ 33.2-300 through 33.2-305 to toll projects

The provisions of §§ 33.2-300 through 33.2-305 shall not become effective with respect to those segments of the Interstate System constructed and financed as toll projects until the revenue bonds and the interest thereon issued on account of such toll projects have been paid or a sufficient amount for the payment of all such bonds and the interest to maturity thereon has been set aside in trust for the benefit of the respective bondholders. When the bonds and interest thereon, outstanding on account of such projects, have been paid or a sufficient amount for the payment of such bonds and the interest thereon to the maturity thereof has been so set aside in trust, and when the Board has by formal action, recorded in its minutes, determined the existence of such fact, then the provisions of §§ 33.2-300 through 33.2-308 shall fully apply to such projects.

Code 1950, § 33-36.8; 1958, c. 589; 1970, c. 322, § 33.1-54; 2014, c. 805.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 33.2-306

What does Code of Virginia § 33.2-306 cover?

Section 33.2-306 ("Applicability of §§ 33.2-300 through 33.2-305 to toll projects") 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 § 33.2-306?

A common citation format is "Code of Virginia § 33.2-306" (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 § 33.2-306 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.