{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/10.1-603.22_2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/10.1-603.22_2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/10.1-603.22_2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/10.1-603.22_2.html"}],"law_id":54410,"edition_id":1,"section_id":54410,"structure_id":13451,"section_number":"10.1-603.22:2","catch_line":"Sale of loans","history":"2006, cc. 648, 765.","full_text":"The Authority is empowered at any time and from time to time to sell, upon such terms and conditions as the Authority shall deem appropriate, any loan, or interest therein, made pursuant to this article. The net proceeds of sale remaining after the payment of the costs and expenses of the sale shall be designated for deposit to, and become part of, the Fund.","order_by":null,"text":{"0":{"id":199732,"text":"The Authority is empowered at any time and from time to time to sell, upon such terms and conditions as the Authority shall deem appropriate, any loan, or interest therein, made pursuant to this article. The net proceeds of sale remaining after the payment of the costs and expenses of the sale shall be designated for deposit to, and become part of, the Fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13451,"edition_id":1,"name":"Dam Safety, Flood Prevention, and Protection Assistance Fund","identifier":"1.2","label":"article","depth":4,"order_by":1,"parent_id":12894,"metadata":{},"date_created":"2026-06-26 03:44:55","date_modified":"2026-06-26 03:44:55","permalink":{"id":144311,"object_type":"structure","relational_id":13451,"identifier":"1.2","token":"10.1\/I\/6\/1.2","url":"\/10.1\/I\/6\/1.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12894,"edition_id":1,"name":"Flood Protection and Dam Safety","identifier":"6","label":"chapter","depth":3,"order_by":1,"parent_id":12893,"metadata":{},"date_created":"2026-06-26 03:43:59","date_modified":"2026-06-26 03:43:59","permalink":{"id":144271,"object_type":"structure","relational_id":12894,"identifier":"6","token":"10.1\/I\/6","url":"\/10.1\/I\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12893,"edition_id":1,"name":"Activities Administered by the Department of Conservation and Recreation","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12740,"metadata":{},"date_created":"2026-06-26 03:43:59","date_modified":"2026-06-26 03:43:59","permalink":{"id":143315,"object_type":"structure","relational_id":12893,"identifier":"I","token":"10.1\/I","url":"\/10.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12740,"edition_id":1,"name":"Conservation","identifier":"10.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":143313,"object_type":"structure","relational_id":12740,"identifier":"10.1","token":"10.1","url":"\/10.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":61461,"structure_id":13451,"section_number":"10.1-603.16","catch_line":"Definitions","url":"\/10.1-603.16\/","token":"10.1\/I\/6\/1.2\/10.1-603.16","metadata":false},{"id":58185,"structure_id":13451,"section_number":"10.1-603.16:1","catch_line":"Certified mail; subsequent mail or notices may be sent by regular mail","url":"\/10.1-603.16_1\/","token":"10.1\/I\/6\/1.2\/10.1-603.16_1","metadata":false},{"id":81027,"structure_id":13451,"section_number":"10.1-603.17","catch_line":"Dam Safety, Flood Prevention and Protection Assistance Fund established","url":"\/10.1-603.17\/","token":"10.1\/I\/6\/1.2\/10.1-603.17","metadata":false},{"id":65695,"structure_id":13451,"section_number":"10.1-603.18","catch_line":"Administration of the Fund","url":"\/10.1-603.18\/","token":"10.1\/I\/6\/1.2\/10.1-603.18","metadata":false},{"id":60566,"structure_id":13451,"section_number":"10.1-603.18:1","catch_line":"Deposit of money; expenditures; investments","url":"\/10.1-603.18_1\/","token":"10.1\/I\/6\/1.2\/10.1-603.18_1","metadata":false},{"id":81747,"structure_id":13451,"section_number":"10.1-603.18:2","catch_line":"Collection of money due Fund","url":"\/10.1-603.18_2\/","token":"10.1\/I\/6\/1.2\/10.1-603.18_2","metadata":false},{"id":86471,"structure_id":13451,"section_number":"10.1-603.19","catch_line":"Purposes for which Fund is to be used; Authority to set terms and conditions of loans","url":"\/10.1-603.19\/","token":"10.1\/I\/6\/1.2\/10.1-603.19","metadata":false},{"id":86256,"structure_id":13451,"section_number":"10.1-603.19:1","catch_line":"Payments from a developer or subdivider","url":"\/10.1-603.19_1\/","token":"10.1\/I\/6\/1.2\/10.1-603.19_1","metadata":false},{"id":61348,"structure_id":13451,"section_number":"10.1-603.20","catch_line":"Condition for making loans or grants","url":"\/10.1-603.20\/","token":"10.1\/I\/6\/1.2\/10.1-603.20","metadata":false},{"id":66250,"structure_id":13451,"section_number":"10.1-603.21","catch_line":"Repealed","url":"\/10.1-603.21\/","token":"10.1\/I\/6\/1.2\/10.1-603.21","metadata":false},{"id":78648,"structure_id":13451,"section_number":"10.1-603.22:1","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/10.1-603.22_1\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_1","metadata":false},{"id":54410,"structure_id":13451,"section_number":"10.1-603.22:2","catch_line":"Sale of loans","url":"\/10.1-603.22_2\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_2","metadata":false},{"id":57810,"structure_id":13451,"section_number":"10.1-603.22:3","catch_line":"Powers of the Authority","url":"\/10.1-603.22_3\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_3","metadata":false},{"id":84138,"structure_id":13451,"section_number":"10.1-603.22:4","catch_line":"Liberal construction of article","url":"\/10.1-603.22_4\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_4","metadata":false},{"id":85550,"structure_id":13451,"section_number":"10.1-603.23","catch_line":"Record of application for grants or loans and action taken","url":"\/10.1-603.23\/","token":"10.1\/I\/6\/1.2\/10.1-603.23","metadata":false}],"previous_section":{"id":78648,"structure_id":13451,"section_number":"10.1-603.22:1","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/10.1-603.22_1\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_1","metadata":false},"next_section":{"id":57810,"structure_id":13451,"section_number":"10.1-603.22:3","catch_line":"Powers of the Authority","url":"\/10.1-603.22_3\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_3","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/10.1-603.22:2\/","history_text":"<p>This law was first created in 2006. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?061+ful+CHAP0648\">648<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?061+ful+CHAP0765\">765<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":144357,"object_type":"law","relational_id":54410,"identifier":"10.1-603.22:2","token":"10.1\/I\/6\/1.2\/10.1-603.22_2","url":"\/10.1-603.22_2\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/10.1-603.22_2\/","token":"10.1\/I\/6\/1.2\/10.1-603.22_2","dublin_core":{"Title":"Sale of loans","Type":"Text","Format":"text\/html","Identifier":"\u00a7 10.1-603.22:2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Authority<\/span> is empowered at any time and from time to time to sell, upon such terms and conditions as the <span class=\"dictionary\">Authority<\/span> shall deem appropriate, any loan, or interest therein, made pursuant to this article. The net proceeds of sale remaining after the payment of the costs and expenses of the sale shall be designated for deposit to, and become part of, the <span class=\"dictionary\">Fund<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nSALE OF LOANS (\u00a7 10.1-603.22:2)\n\nThe Authority is empowered at any time and from time to time to sell, upon such\nterms and conditions as the Authority shall deem appropriate, any loan, or\ninterest therein, made pursuant to this article. The net proceeds of sale\nremaining after the payment of the costs and expenses of the sale shall be\ndesignated for deposit to, and become part of, the Fund.\n\nHISTORY: 2006, cc. 648, 765.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}