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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>358644</law_id><section_number>30-254</section_number><catch_line>Dissolution</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="73" identifier="30">General Assembly</unit><unit label="chapter" level="2" order_by="41" identifier="36">Chesapeake Bay Commission</unit></structure><text>
						<section><p>In the event that this Agreement shall be terminated by operation of &#xA7;&#xA0;<a class="law" title="Term" href="/30-253/">30-253</a>, the Commission shall be dissolved, its <span class="dictionary">assets</span> and liabilities transferred, and its corporate affairs wound up in accordance with the unanimous agreement of its signatories, or failing unanimous agreement, in such manner that the <span class="dictionary">assets</span> and liabilities of the Commission shall be shared by the respective states.</p></section></text><history>1980, c. 662, &#xA7; 62.1-69.19; 1981, c. 127; 2004, c. 1000.</history><metadata></metadata></law>
