Va. Code Ann. tit. 15.2, ch. 72 – BVU Authority Act | Midpage

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Code of Virginia

Chapter 72

Va. Code Ann. tit. 15.2, ch. 72

BVU Authority Act

15.2-7200Short title 15.2-7201Creation; public purpose 15.2-7202Definitions 15.2-7203BVU Authority; operating name or names 15.2-7204Divisions 15.2-7205Board of Directors; membership 15.2-7206Organization; compensation 15.2-7207Powers generally 15.2-7208Powers 15.2-7209Authority deemed to be an MLEC 15.2-7210Transfer of properties and debt 15.2-7211Reports 15.2-7212Procurement 15.2-7213Deposit and investment of funds 15.2-7214Authority to issue bonds 15.2-7215Credit of Commonwealth and political subdivisions not pledged 15.2-7216Directors and persons executing bonds not liable thereon 15.2-7217Security for payment of bonds; default 15.2-7218Bonds as legal investments 15.2-7219Contracts concerning interest rates and investments 15.2-7220Taxation 15.2-7221Sovereign immunity 15.2-7222Appropriation by political subdivision 15.2-7223Contracts with political subdivisions 15.2-7224Application of local ordinances, service charges, and taxes upon leaseholds 15.2-7225Existing contracts, leases, franchises, etc., not impaired 15.2-7226Liberal construction