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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 2.2-2296: How bonds paid and secured

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Where this section sits in the code
  1. Title 2.2. ADMINISTRATION OF GOVERNMENT
  2. Subtitle I. ORGANIZATION OF STATE GOVERNMENT
  3. Part D. STATE AUTHORITIES, BOARDS, COMMISSIONS, COUNCILS, FOUNDATIONS AND OTHER COLLEGIAL BODIES
  4. Chapter 22. AUTHORITIES
  5. Article 7. VIRGINIA SMALL BUSINESS FINANCING AUTHORITY

Except as may otherwise be expressly provided by the Authority in proceedings relating to a particular issue of bonds, every issue of its bonds shall be payable solely out of any revenues of the Authority. The bonds additionally may be secured by a pledge of any grant, contribution or guarantee from the federal government or any person or a pledge by the Authority of any revenues from any source.1984, c. 749, § 9-220; 2001, c. 844.

Collected 2026-09-04T15:12:14Z. Source file · JSON

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