Code of Virginia
Chapter 6 - General Provisions
§ 4.1-618. Reversion to the Commonwealth

In the event of the dissolution of the Authority, all assets of the Authority, after satisfaction of creditors, shall revert to the Commonwealth.
2021, Sp. Sess. I, cc. 550, 551.

Structure Code of Virginia

Code of Virginia

Title 4.1 - Alcoholic Beverage and Cannabis Control

Chapter 6 - General Provisions

§ 4.1-600. Definitions

§ 4.1-601. Virginia Cannabis Control Authority created; public purpose

§ 4.1-602. Virginia Cannabis Control Authority; composition

§ 4.1-603. Cannabis Public Health Advisory Council; purpose; membership; quorum; meetings; compensation and expenses; duties

§ 4.1-604. Powers and duties of the Board

§ 4.1-605. Additional powers; mediation; alternative dispute resolution; confidentiality

§ 4.1-606. Regulations of the Board

§ 4.1-607. Board membership; terms; compensation

§ 4.1-608. Appointment, salary, and powers of Chief Executive Officer; appointment of confidential assistant to the Chief Executive Officer

§ 4.1-609. Background investigations of Board members and Chief Executive Officer

§ 4.1-610. Financial interests of Board, employees, and family members prohibited

§ 4.1-611. Seed-to-sale tracking system

§ 4.1-612. Moneys of Authority

§ 4.1-613. Forms of accounts and records; audit; annual report

§ 4.1-614. Disposition of moneys collected by the Board

§ 4.1-615. Leases and purchases of property by the Board

§ 4.1-616. Exemptions from taxes or assessments

§ 4.1-617. Exemption of Authority from personnel and procurement procedures; information systems; etc.

§ 4.1-618. Reversion to the Commonwealth

§ 4.1-619. Certified mail; subsequent mail or notices may be sent by regular mail; electronic communications as alternative to regular mail; limitation

§ 4.1-620. Reports and accounting systems of Board; auditing books and records

§ 4.1-621. Certain information not to be made public

§ 4.1-622. Criminal history records check required on certain employees; reimbursement of costs

§ 4.1-623. Employees of the Authority

§ 4.1-624. Police power of members, agents, and employees of Board

§ 4.1-625. Liability of Board members; suits by and against Board

§ 4.1-626. Counsel for members, agents, and employees of Board

§ 4.1-627. Hearings; representation by counsel

§ 4.1-628. Hearings; allowances to witnesses

§ 4.1-629. Reserved