Va. Code Ann. tit. 62.1, ch. 21 – Virginia Resources Authority | Midpage

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Code of Virginia

Chapter 21

Va. Code Ann. tit. 62.1, ch. 21

Virginia Resources Authority

62.1-197Short title 62.1-198Legislative findings and purposes 62.1-199Definitions 62.1-200Creation of Authority 62.1-201Board of Directors 62.1-202Appointment and duties of Executive Director 62.1-203Powers of Authority 62.1-204Power to borrow money and issue bonds and credit enhancements 62.1-205Power to issue refunding bonds 62.1-206Sources of payment and security for bonds and credit enhancements 62.1-207Liability of Commonwealth, political subdivisions and members of board of directors 62.1-208Authorization, content and sale of bonds and credit enhancements 62.1-209Provisions of resolution or trust indenture authorizing issuance of bonds 62.1-210Pledge by Authority 62.1-211Purchase of bonds by Authority 62.1-212Bonds as negotiable instruments 62.1-213Validity of signatures of prior members or officers 62.1-214Bondholder protection 62.1-215Establishment of capital reserve funds 62.1-216Purchase and credit enhancements of local obligations 62.1-216.1Investigation by Governor of nonpayments; withholding state funds from nonpaying locality; payment of funds withheld; receipts, reports, etc 62.1-217Grants from Commonwealth 62.1-218Grants to local governments 62.1-219Exemption from taxation 62.1-220Bonds as legal investments and securities 62.1-221Deposit of money; expenditures; security for deposits 62.1-222Annual reports; audit 62.1-223Liberal construction of chapter