{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5376.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5376.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5376.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5376.html"}],"law_id":57298,"edition_id":1,"section_id":57298,"structure_id":12722,"section_number":"15.2-5376","catch_line":"Issuance of bonds by participating localities and validation thereof","history":"2007, c. 676; 2013, c. 660.","full_text":"Any participating locality may issue its general obligation bonds in the manner provided in the Public Finance Act (\u00a7 15.2-2600 et seq.) in furtherance of the establishment, construction, or enlargement of a hospital or health center. The industrial development authority of any participating locality may issue its bonds in the manner provided in the Industrial Development and Revenue Bond Act (\u00a7 15.2-4900 et seq.) in furtherance of the establishment, construction, enlargement, or operation of a nonprofit or not-for-profit hospital or health center with the concurrence of the governing body of the participating locality.","order_by":null,"text":{"0":{"id":209860,"text":"Any participating locality may issue its general obligation bonds in the manner provided in the Public Finance Act (\u00a7 15.2-2600 et seq.) in furtherance of the establishment, construction, or enlargement of a hospital or health center. The industrial development authority of any participating locality may issue its bonds in the manner provided in the Industrial Development and Revenue Bond Act (\u00a7 15.2-4900 et seq.) in furtherance of the establishment, construction, enlargement, or operation of a nonprofit or not-for-profit hospital or health center with the concurrence of the governing body of the participating locality.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":12722,"edition_id":1,"name":"Southwest Virginia Health Authority","identifier":"53.1","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":159089,"object_type":"structure","relational_id":12722,"identifier":"53.1","token":"15.2\/IV\/53.1","url":"\/15.2\/IV\/53.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12721,"edition_id":1,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":157897,"object_type":"structure","relational_id":12721,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","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":86597,"structure_id":12722,"section_number":"15.2-5368","catch_line":"Southwest Virginia Health Authority established","url":"\/15.2-5368\/","token":"15.2\/IV\/53.1\/15.2-5368","metadata":false},{"id":71913,"structure_id":12722,"section_number":"15.2-5369","catch_line":"Definitions","url":"\/15.2-5369\/","token":"15.2\/IV\/53.1\/15.2-5369","metadata":false},{"id":68006,"structure_id":12722,"section_number":"15.2-5370","catch_line":"Directors; 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application of other laws; consent of local governing bodies or other agencies not required","url":"\/15.2-5385\/","token":"15.2\/IV\/53.1\/15.2-5385","metadata":false},{"id":77178,"structure_id":12722,"section_number":"15.2-5386","catch_line":"Limitations of the Authority","url":"\/15.2-5386\/","token":"15.2\/IV\/53.1\/15.2-5386","metadata":false}],"previous_section":{"id":68093,"structure_id":12722,"section_number":"15.2-5375","catch_line":"Appropriations to Authority","url":"\/15.2-5375\/","token":"15.2\/IV\/53.1\/15.2-5375","metadata":false},"next_section":{"id":68335,"structure_id":12722,"section_number":"15.2-5377","catch_line":"Issuance and sale of bonds","url":"\/15.2-5377\/","token":"15.2\/IV\/53.1\/15.2-5377","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5376\/","history_text":"

This law was first created in 2007. The record of its establishment is cataloged in chapter 676<\/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. It has been modified 1 time. 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. That modification is as follows: in 2013, chapter 660<\/a>.<\/p>","references":false,"refers_to":[{"id":82731,"section_number":"15.2-2600","catch_line":"Short title","order_by":null,"url":"\/15.2-2600\/"},{"id":62034,"section_number":"15.2-4900","catch_line":"Short title","order_by":null,"url":"\/15.2-4900\/"}],"permalink":{"id":159123,"object_type":"law","relational_id":57298,"identifier":"15.2-5376","token":"15.2\/IV\/53.1\/15.2-5376","url":"\/15.2-5376\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5376\/","token":"15.2\/IV\/53.1\/15.2-5376","dublin_core":{"Title":"Issuance of bonds by participating localities and validation thereof","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5376","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Any participating locality<\/span> may issue<\/span> its general obligation bonds<\/span> in the manner provided in the Public Finance Act (\u00a7 15.2-2600<\/a> et seq.) in furtherance of the establishment, construction, or enlargement of a hospital<\/span> or health center. The industrial development authority<\/span> of any participating locality<\/span> may issue<\/span> its bonds<\/span> in the manner provided in the Industrial Development and Revenue Bond<\/span> Act (\u00a7 15.2-4900<\/a> et seq.) in furtherance of the establishment, construction, enlargement, or operation of a nonprofit or not-for-profit hospital<\/span> or health center with the concurrence of the governing body<\/span> of the participating locality<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nISSUANCE OF BONDS BY PARTICIPATING LOCALITIES AND VALIDATION THEREOF (\u00a7\n15.2-5376)\n\nAny participating locality may issue its general obligation bonds in the manner\nprovided in the Public Finance Act (\u00a7 15.2-2600 et seq.) in furtherance of the\nestablishment, construction, or enlargement of a hospital or health center. The\nindustrial development authority of any participating locality may issue its\nbonds in the manner provided in the Industrial Development and Revenue Bond Act\n(\u00a7 15.2-4900 et seq.) in furtherance of the establishment, construction,\nenlargement, or operation of a nonprofit or not-for-profit hospital or health\ncenter with the concurrence of the governing body of the participating locality.\n\nHISTORY: 2007, c. 676; 2013, c. 660.","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}}