There is a newer version of the Code of Virginia
2010 Code of Virginia
Title 15.2 - COUNTIES, CITIES AND TOWNS.
Chapter 37 - Annulment of Town Charters (15.2-3700 thru 15.2-3712)
15.2-3708 - Transfer of property and indebtedness.
§ 15.2-3708. Transfer of property and indebtedness.
Upon the effective date of annulment, the title to all property, real and personal, tangible and intangible, of the former town shall be vested in, and the indebtedness become a debt of, the county or counties in which the town was located without any further act or deed.
(1992, c. 453, § 15.1-965.37; 1997, c. 587.)
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