{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-2647.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-2647.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-2647.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-2647.html"}],"law_id":65459,"edition_id":1,"section_id":65459,"structure_id":16241,"section_number":"15.2-2647","catch_line":"Expenses of authorization and issuance; agent to assist in refunding transaction","history":"Code 1950, \u00a7 15-666.37; 1958, c. 640; 1962, c. 623, \u00a7 15.1-196; 1991, c. 668, \u00a7 15.1-227.49; 1997, c. 587.","full_text":"The governing body may authorize the payment by any locality of all expenses reasonably incurred by it in connection with the authorization and issuance of refunding bonds. The governing body may appoint or retain an agent for the purpose of assisting it in the refunding transaction and in obtaining the surrender of its outstanding bonds and may pay a fee to the agent as it may consider proper.","order_by":null,"text":{"0":{"id":238026,"text":"The governing body may authorize the payment by any locality of all expenses reasonably incurred by it in connection with the authorization and issuance of refunding bonds. The governing body may appoint or retain an agent for the purpose of assisting it in the refunding transaction and in obtaining the surrender of its outstanding bonds and may pay a fee to the agent as it may consider proper.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16241,"edition_id":1,"name":"Refunding Bonds","identifier":"5","label":"article","depth":4,"order_by":1,"parent_id":13707,"metadata":{},"date_created":"2026-06-26 04:10:46","date_modified":"2026-06-26 04:10:46","permalink":{"id":156125,"object_type":"structure","relational_id":16241,"identifier":"5","token":"15.2\/II\/26\/5","url":"\/15.2\/II\/26\/5\/","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":81286,"structure_id":16241,"section_number":"15.2-2643","catch_line":"Authority for issuance; resolutions or ordinances","url":"\/15.2-2643\/","token":"15.2\/II\/26\/5\/15.2-2643","metadata":false},{"id":73131,"structure_id":16241,"section_number":"15.2-2644","catch_line":"Issuance or exchange for indebtedness to be retired; sale and disposition of proceeds; rights of owners","url":"\/15.2-2644\/","token":"15.2\/II\/26\/5\/15.2-2644","metadata":false},{"id":78725,"structure_id":16241,"section_number":"15.2-2645","catch_line":"Amount of bonds","url":"\/15.2-2645\/","token":"15.2\/II\/26\/5\/15.2-2645","metadata":false},{"id":73964,"structure_id":16241,"section_number":"15.2-2646","catch_line":"Participation in funds donated by the Commonwealth","url":"\/15.2-2646\/","token":"15.2\/II\/26\/5\/15.2-2646","metadata":false},{"id":65459,"structure_id":16241,"section_number":"15.2-2647","catch_line":"Expenses of authorization and issuance; agent to assist in refunding transaction","url":"\/15.2-2647\/","token":"15.2\/II\/26\/5\/15.2-2647","metadata":false},{"id":86780,"structure_id":16241,"section_number":"15.2-2648","catch_line":"Purchase in open market","url":"\/15.2-2648\/","token":"15.2\/II\/26\/5\/15.2-2648","metadata":false},{"id":86320,"structure_id":16241,"section_number":"15.2-2649","catch_line":"District refunding bonds","url":"\/15.2-2649\/","token":"15.2\/II\/26\/5\/15.2-2649","metadata":false}],"previous_section":{"id":73964,"structure_id":16241,"section_number":"15.2-2646","catch_line":"Participation in funds donated by the Commonwealth","url":"\/15.2-2646\/","token":"15.2\/II\/26\/5\/15.2-2646","metadata":false},"next_section":{"id":86780,"structure_id":16241,"section_number":"15.2-2648","catch_line":"Purchase in open market","url":"\/15.2-2648\/","token":"15.2\/II\/26\/5\/15.2-2648","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2647\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 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, chapter 623; 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":false,"permalink":{"id":156143,"object_type":"law","relational_id":65459,"identifier":"15.2-2647","token":"15.2\/II\/26\/5\/15.2-2647","url":"\/15.2-2647\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-2647\/","token":"15.2\/II\/26\/5\/15.2-2647","dublin_core":{"Title":"Expenses of authorization and issuance; agent to assist in refunding transaction","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2647","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">governing body<\/span> may authorize the payment by any <span class=\"dictionary\">locality<\/span> of all expenses reasonably incurred by it in connection with the authorization and issuance of refunding <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span>. The <span class=\"dictionary\">governing body<\/span> may appoint or retain an agent for the purpose of assisting it in the refunding transaction and in obtaining the surrender of its outstanding <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> and may pay a fee to the agent as it may consider proper.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXPENSES OF AUTHORIZATION AND ISSUANCE; AGENT TO ASSIST IN REFUNDING TRANSACTION\n(\u00a7 15.2-2647)\n\nThe governing body may authorize the payment by any locality of all expenses\nreasonably incurred by it in connection with the authorization and issuance of\nrefunding bonds. The governing body may appoint or retain an agent for the\npurpose of assisting it in the refunding transaction and in obtaining the\nsurrender of its outstanding bonds and may pay a fee to the agent as it may\nconsider proper.\n\nHISTORY: Code 1950, \u00a7 15-666.37; 1958, c. 640; 1962, c. 623, \u00a7 15.1-196; 1991,\nc. 668, \u00a7 15.1-227.49; 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}}