Foreclosure Sales and Dissolution

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 2 of the Code of Virginia, titled “Foreclosure Sales and Dissolution.” It is part of Chapter 1 “General Provisions”, which is part of Title 56 “Public Service Companies”. It contains 5 laws.

It’s comprised of the following 5 sections.

§ 56-10	Effect of such sale; date for meeting of stockholders
§ 56-11	Debts and claims against corporation so sold
§ 56-12	Works and property sold under court decree subject to provisions of three preceding sections
§ 56-13	Effect of dissolution of public service corporation
§ 56-9	Sale of public service corporation under deed of trust; how purchaser may form new corporation