{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-2642.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-2642.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-2642.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-2642.html"}],"law_id":69641,"edition_id":1,"section_id":69641,"structure_id":16019,"section_number":"15.2-2642","catch_line":"School district bonds","history":"Code 1950, \u00a7 15-666.32:1; 1958, c. 640; 1962, cc. 76, 623, \u00a7 15.1-190; 1964, c. 133; 1968, c. 611; 1971, Ex. Sess., c. 224; 1991, c. 668, \u00a7 15.1-227.43; 1997, c. 587.","full_text":"The governing body of any county, acting for and on behalf of any school district in the county, or acting for and on behalf of two or more school districts jointly, may provide for the issuance of general obligation bonds of the school district or districts for school purposes. Where voter approval is required by the Constitution of Virginia or the provisions of this chapter, the bonds shall not be issued unless a majority of the voters of the district voting in the election held pursuant to \u00a7\u00a7 15.2-2610 and 15.2-2611 on the question in the district, or in each of the districts separately, approve the contracting of the debt and the issuing of the bonds. The bonds of two or more school districts shall be issued as joint obligations of such school districts. Any school district, or any school districts jointly, shall constitute a locality. For the purpose of this section, each magisterial district in each county shall constitute a school district, but any such school district shall not include a town constituting a separate school district. In any county where an incorporated town constitutes both a school district and an entire magisterial district, the remaining magisterial districts shall, upon the adoption of resolutions by the governing body and the school board, constitute a single school district which may thereafter issue general obligation bonds for school purposes after approval by a majority of all the voters of the district voting in an election on the question. The issuance of the bonds shall be governed by the provisions of this chapter.","order_by":null,"text":{"0":{"id":251787,"text":"The governing body of any county, acting for and on behalf of any school district in the county, or acting for and on behalf of two or more school districts jointly, may provide for the issuance of general obligation bonds of the school district or districts for school purposes. Where voter approval is required by the Constitution of Virginia or the provisions of this chapter, the bonds shall not be issued unless a majority of the voters of the district voting in the election held pursuant to \u00a7\u00a7 15.2-2610 and 15.2-2611 on the question in the district, or in each of the districts separately, approve the contracting of the debt and the issuing of the bonds. The bonds of two or more school districts shall be issued as joint obligations of such school districts. Any school district, or any school districts jointly, shall constitute a locality. For the purpose of this section, each magisterial district in each county shall constitute a school district, but any such school district shall not include a town constituting a separate school district. In any county where an incorporated town constitutes both a school district and an entire magisterial district, the remaining magisterial districts shall, upon the adoption of resolutions by the governing body and the school board, constitute a single school district which may thereafter issue general obligation bonds for school purposes after approval by a majority of all the voters of the district voting in an election on the question. The issuance of the bonds shall be governed by the provisions of this chapter.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16019,"edition_id":1,"name":"Bond Issues by Counties","identifier":"4","label":"article","depth":4,"order_by":1,"parent_id":13707,"metadata":{},"date_created":"2026-06-26 04:04:05","date_modified":"2026-06-26 04:04:05","permalink":{"id":156103,"object_type":"structure","relational_id":16019,"identifier":"4","token":"15.2\/II\/26\/4","url":"\/15.2\/II\/26\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13707,"edition_id":1,"name":"Public Finance Act","identifier":"26","label":"chapter","depth":3,"order_by":1,"parent_id":12733,"metadata":{},"date_created":"2026-06-26 03:45:37","date_modified":"2026-06-26 03:45:37","permalink":{"id":155943,"object_type":"structure","relational_id":13707,"identifier":"26","token":"15.2\/II\/26","url":"\/15.2\/II\/26\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12733,"edition_id":1,"name":"Powers of Local Government","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":152369,"object_type":"structure","relational_id":12733,"identifier":"II","token":"15.2\/II","url":"\/15.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":62736,"structure_id":16019,"section_number":"15.2-2638","catch_line":"Powers of counties generally; approval of voters required","url":"\/15.2-2638\/","token":"15.2\/II\/26\/4\/15.2-2638","metadata":false},{"id":86368,"structure_id":16019,"section_number":"15.2-2639","catch_line":"County may elect to be treated as city for issuing bonds","url":"\/15.2-2639\/","token":"15.2\/II\/26\/4\/15.2-2639","metadata":false},{"id":68383,"structure_id":16019,"section_number":"15.2-2640","catch_line":"Resolution for bond issue; contents; request for bonds for school purposes","url":"\/15.2-2640\/","token":"15.2\/II\/26\/4\/15.2-2640","metadata":false},{"id":69899,"structure_id":16019,"section_number":"15.2-2641","catch_line":"Subsequent resolutions","url":"\/15.2-2641\/","token":"15.2\/II\/26\/4\/15.2-2641","metadata":false},{"id":69641,"structure_id":16019,"section_number":"15.2-2642","catch_line":"School district bonds","url":"\/15.2-2642\/","token":"15.2\/II\/26\/4\/15.2-2642","metadata":false}],"previous_section":{"id":69899,"structure_id":16019,"section_number":"15.2-2641","catch_line":"Subsequent resolutions","url":"\/15.2-2641\/","token":"15.2\/II\/26\/4\/15.2-2641","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2642\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1958, chapter 640; in 1962, chapters 76 and 623; in 1964, chapter 133; in 1968, chapter 611; in 1991, chapter 668; in 1997, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?971+ful+CHAP0587\">587<\/a>.<\/p>","references":false,"refers_to":[{"id":59146,"section_number":"15.2-2610","catch_line":"Request for referendum filed with court; order for election; notice","order_by":null,"url":"\/15.2-2610\/"},{"id":73440,"section_number":"15.2-2611","catch_line":"Holding of election; order authorizing bonds; authority of governing body","order_by":null,"url":"\/15.2-2611\/"}],"permalink":{"id":156121,"object_type":"law","relational_id":69641,"identifier":"15.2-2642","token":"15.2\/II\/26\/4\/15.2-2642","url":"\/15.2-2642\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-2642\/","token":"15.2\/II\/26\/4\/15.2-2642","dublin_core":{"Title":"School district bonds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2642","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">governing body<\/span> of any <span class=\"dictionary\">county<\/span>, acting for and on behalf of any school district in the <span class=\"dictionary\">county<\/span>, or acting for and on behalf of two or more school districts jointly, may provide for the issuance of <span class=\"dictionary\">general obligation bonds<\/span> of the school district or districts for school purposes. Where <span class=\"dictionary\">voter<\/span> approval is required by the Constitution of Virginia or the provisions of this chapter, the bonds shall not be issued unless a majority of the <span class=\"dictionary\">voters<\/span> of the district voting in the election held pursuant to \u00a7\u00a7&nbsp;<a class=\"law\" title=\"Request for referendum filed with court; order for election; notice\" href=\"\/15.2-2610\/\">15.2-2610<\/a> and <a class=\"law\" title=\"Holding of election; order authorizing bonds; authority of governing body\" href=\"\/15.2-2611\/\">15.2-2611<\/a> on the question in the district, or in each of the districts separately, approve the contracting of the debt and the issuing of the bonds. The bonds of two or more school districts shall be issued as joint obligations of such school districts. Any school district, or any school districts jointly, shall constitute a <span class=\"dictionary\">locality<\/span>. For the purpose of this section, each magisterial district in each <span class=\"dictionary\">county<\/span> shall constitute a school district, but any such school district shall not include a <span class=\"dictionary\">town<\/span> constituting a separate school district. In any <span class=\"dictionary\">county<\/span> where an incorporated <span class=\"dictionary\">town<\/span> constitutes both a school district and an entire magisterial district, the remaining magisterial districts shall, upon the adoption of resolutions by the <span class=\"dictionary\">governing body<\/span> and the school board, constitute a single school district which may thereafter <span class=\"dictionary\">issue<\/span> <span class=\"dictionary\">general obligation bonds<\/span> for school purposes after approval by a majority of all the <span class=\"dictionary\">voters<\/span> of the district voting in an election on the question. The issuance of the bonds shall be governed by the provisions of this chapter.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nSCHOOL DISTRICT BONDS (\u00a7 15.2-2642)\n\nThe governing body of any county, acting for and on behalf of any school\ndistrict in the county, or acting for and on behalf of two or more school\ndistricts jointly, may provide for the issuance of general obligation bonds of\nthe school district or districts for school purposes. Where voter approval is\nrequired by the Constitution of Virginia or the provisions of this chapter, the\nbonds shall not be issued unless a majority of the voters of the district voting\nin the election held pursuant to \u00a7\u00a7 15.2-2610 and 15.2-2611 on the question in\nthe district, or in each of the districts separately, approve the contracting of\nthe debt and the issuing of the bonds. The bonds of two or more school districts\nshall be issued as joint obligations of such school districts. Any school\ndistrict, or any school districts jointly, shall constitute a locality. For the\npurpose of this section, each magisterial district in each county shall\nconstitute a school district, but any such school district shall not include a\ntown constituting a separate school district. In any county where an\nincorporated town constitutes both a school district and an entire magisterial\ndistrict, the remaining magisterial districts shall, upon the adoption of\nresolutions by the governing body and the school board, constitute a single\nschool district which may thereafter issue general obligation bonds for school\npurposes after approval by a majority of all the voters of the district voting\nin an election on the question. The issuance of the bonds shall be governed by\nthe provisions of this chapter.\n\nHISTORY: Code 1950, \u00a7 15-666.32:1; 1958, c. 640; 1962, cc. 76, 623, \u00a7\n15.1-190; 1964, c. 133; 1968, c. 611; 1971, Ex. Sess., c. 224; 1991, c. 668, \u00a7\n15.1-227.43; 1997, c. 587.","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}}