CHAPTER 613

An Act to amend the Code of Virginia by inserting in Title 56 a new
section numbered § 56-51.1, to authorize the donation of the entire
capital stock of turnpike corporations to the State Highway Com-
mission or to the political subdivisions in which the turnpike is
located; and to authorize the acceptance of such donations without
obligation or liability by such Commission or said political sub-

divisions.
[H 748]
Approved April 3, 1952

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia be amended by inserting in Title 56 a new
section numbered § 56-51.1, as follows:

§ 56-51.1. Any such turnpike corporation, created under this Chap-
ter, may donate and transfer its entire capital stock to the State Highway
Commission, or, in equitable proportions, to the political subdivisions
wherein its toll turnpike is constructed, or to be constructed.

Authority to accept such donation and transfer of such stock is
hereby conferred upon the State Highway Commission and upon the gov-
erning bodies of such political subdivisions in their discretion; provided
that the offer of donation and the resolution of acceptance shall expressly
stipulate that the acceptance of such donation and ownership of said
stock shall not thereby be deemed to create or involve any obligation or
liability upon said Commission or upon any such political subdivision.