Va. Code Ann. tit. 15.2, ch. 56 – Public Recreational Facilities Authorities Act | Midpage

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Code of Virginia

Chapter 56

Va. Code Ann. tit. 15.2, ch. 56

Public Recreational Facilities Authorities Act

15.2-5600Short title 15.2-5601Definitions 15.2-5602Creation of authorities 15.2-5603Board to exercise powers of authority 15.2-5604Powers of authority generally 15.2-5605Transfers of property, appropriations and contracts by participating localities 15.2-5606Acquisition, maintenance and operation of projects; revenues from projects 15.2-5607Authority to issue bonds; source of payment 15.2-5608Bond resolution; terms, conditions, form and execution of bonds; sale; interim receipts or temporary bonds 15.2-5609Trust indenture or agreement to secure payment of bonds 15.2-5610Fees, rents and other charges; reserves 15.2-5611Moneys received deemed trust funds 15.2-5612Remedies of bondholders and trustee 15.2-5613Authority to exercise a governmental function; exemption from taxation 15.2-5614Bonds legal investments 15.2-5615Chapter to constitute complete authority for acts authorized; liberal construction 15.2-5616Dissolution of authority; disposition of property