Va. Code § 2.2-2296: How bonds paid and secured
Where this section sits in the code
- Title 2.2. ADMINISTRATION OF GOVERNMENT
- Subtitle I. ORGANIZATION OF STATE GOVERNMENT
- Part D. STATE AUTHORITIES, BOARDS, COMMISSIONS, COUNCILS, FOUNDATIONS AND OTHER COLLEGIAL BODIES
- Chapter 22. AUTHORITIES
- 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