22 Va. Admin. Code § 30-60-500
Current through Register Vol. 41, No. 10, December 30, 2024
Approval of the area plan shall be withdrawn and any contractual relations terminated for cause if, upon 60 days notice, either party is adjudicated bankrupt, is subject to the appointment of a receiver and fails to have such receiver removed within 60 days, has any of its property attached and fails to remove such attachment within 60 days, or becomes insolvent or for a period of 60 days is unable to pay its debts as the same become due.
22 Va. Admin. Code § 30-60-500
Statutory Authority
§ 51.5-131 of the Code of Virginia; 42 USC § 3001 et seq.