Section 15.2-5116 - Same; effect of annexationIn the event of any annexation by a municipality not a member of the authority of lands, areas, or territory served by the authority, an authority may continue to do business and exercise its jurisdiction over its properties and facilities in and upon or over such lands, areas or territory as long as any bonds or indebtedness remain outstanding or unpaid, or any contracts or other obligations remain in force.
Code 1950, § 15-764.12; 1950, p. 1318; 1954, c. 554; 1958, cc. 400, 402; 1960, c. 430; 1962, cc. 130, 623, § 15.1-1250; 1968, cc. 355, 556; 1970, cc. 444, 617; 1972, c. 161; 1979, c. 280; 1980, c. 159; 1981, c. 610; 1983, c. 422; 1984, c. 554; 1994, c. 477; 1997, c. 587.Amended by Acts 1997, c. 587.Amended by Acts 1994, c. 477.Amended by Acts 1984, c. 554.Amended by Acts 1983, c. 422.Amended by Acts 1981, c. 610.Amended by Acts 1980, c. 159.Amended by Acts 1979, c. 280.Amended by Acts 1972, c. 161.Amended by Acts 1970, § cc. 444, 617.Amended by Acts 1968, § cc. 355, 556.Amended by Acts 1962, § cc. 130, 623, § 15.1-1250.Amended by Acts 1960, c. 430.Amended by Acts 1958, § cc. 400, 402.Amended by Acts 1954, c. 554.Amended by Acts 1950, § p. 1318.