{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5602.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5602.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5602.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5602.html"}],"law_id":61513,"edition_id":1,"section_id":61513,"structure_id":15526,"section_number":"15.2-5602","catch_line":"Creation of authorities","history":"Code 1950, \u00a7 15-714.15; 1962, c. 393, \u00a7 3, \u00a7 15.1-1273; 1975, c. 517; 1996, c. 1021; 1997, c. 587; 2023, cc. 506, 507.","full_text":"A\n\nA locality may by ordinance or resolution, or two or more localities, may by concurrent ordinances or resolutions, signify their intention to create an authority under an appropriate name and title containing the word “authority.” Each participating locality shall hold a public hearing, notice of which shall be given by publication at least once, not less than seven days prior to the date fixed for the hearing, in a newspaper having general circulation in the locality. The notice shall contain a brief statement of the substance of the proposed authority, shall set forth the proposed articles of incorporation of the authority and shall state the time and place of the public hearing. The locality, by resolution, may call for a referendum on the question of the creation of an authority, which shall be held as provided by § 24.2-681 et seq. When a referendum is to be held in more than one locality, the referendum shall be held on the same date in all of such localities.B\n\nThe articles of incorporation shall set forth:1\n\nThe name of the authority and address of its principal office.2\n\nA statement that the authority is created under this chapter.3\n\nThe name of each participating locality.4\n\nThe names, addresses and terms of office of the first members of the authority.5\n\nThe purpose or purposes for which the authority is to be created.C\n\nPassage of such ordinance or resolution by the governing body or governing bodies shall constitute the authority a body politic and corporate of the Commonwealth.D\n\nAny locality may become a member of an existing authority, and any locality which is a member of an existing authority may withdraw therefrom, but no locality shall be permitted to withdraw from any authority that has outstanding obligations unless United States securities have been deposited for their payment or without the unanimous consent of all holders of the outstanding obligations.E\n\nHaving specified the initial purpose or purposes of the authority in the articles of incorporation, the governing bodies of the participating localities may, from time to time by subsequent ordinance or resolution, after public hearing, modify the articles of incorporation and the purpose or purposes specified therein. Such modification may be made either with or without a referendum.","order_by":null,"text":{"0":{"id":224638,"text":"A locality may by ordinance or resolution, or two or more localities, may by concurrent ordinances or resolutions, signify their intention to create an authority under an appropriate name and title containing the word “authority.” Each participating locality shall hold a public hearing, notice of which shall be given by publication at least once, not less than seven days prior to the date fixed for the hearing, in a newspaper having general circulation in the locality. The notice shall contain a brief statement of the substance of the proposed authority, shall set forth the proposed articles of incorporation of the authority and shall state the time and place of the public hearing. The locality, by resolution, may call for a referendum on the question of the creation of an authority, which shall be held as provided by § 24.2-681 et seq. When a referendum is to be held in more than one locality, the referendum shall be held on the same date in all of such localities.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":224639,"text":"The articles of incorporation shall set forth:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":224640,"text":"The name of the authority and address of its principal office.","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":224641,"text":"A statement that the authority is created under this chapter.","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":224642,"text":"The name of each participating locality.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":224643,"text":"The names, addresses and terms of office of the first members of the authority.","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":224644,"text":"The purpose or purposes for which the authority is to be created.","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"C"},"7":{"id":224645,"text":"Passage of such ordinance or resolution by the governing body or governing bodies shall constitute the authority a body politic and corporate of the Commonwealth.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B5","next_prefix":"D"},"8":{"id":224646,"text":"Any locality may become a member of an existing authority, and any locality which is a member of an existing authority may withdraw therefrom, but no locality shall be permitted to withdraw from any authority that has outstanding obligations unless United States securities have been deposited for their payment or without the unanimous consent of all holders of the outstanding obligations.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"9":{"id":224647,"text":"Having specified the initial purpose or purposes of the authority in the articles of incorporation, the governing bodies of the participating localities may, from time to time by subsequent ordinance or resolution, after public hearing, modify the articles of incorporation and the purpose or purposes specified therein. Such modification may be made either with or without a referendum.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D"}},"ancestry":[{"id":15526,"edition_id":1,"name":"Public Recreational Facilities Authorities Act","identifier":"56","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:55:55","date_modified":"2026-06-26 03:55:55","permalink":{"id":159577,"object_type":"structure","relational_id":15526,"identifier":"56","token":"15.2\/IV\/56","url":"\/15.2\/IV\/56\/","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":87209,"structure_id":15526,"section_number":"15.2-5600","catch_line":"Short title","url":"\/15.2-5600\/","token":"15.2\/IV\/56\/15.2-5600","metadata":false},{"id":66897,"structure_id":15526,"section_number":"15.2-5601","catch_line":"Definitions","url":"\/15.2-5601\/","token":"15.2\/IV\/56\/15.2-5601","metadata":false},{"id":61513,"structure_id":15526,"section_number":"15.2-5602","catch_line":"Creation of authorities","url":"\/15.2-5602\/","token":"15.2\/IV\/56\/15.2-5602","metadata":false},{"id":69743,"structure_id":15526,"section_number":"15.2-5603","catch_line":"Board to exercise powers of authority","url":"\/15.2-5603\/","token":"15.2\/IV\/56\/15.2-5603","metadata":false},{"id":84975,"structure_id":15526,"section_number":"15.2-5604","catch_line":"Powers of authority generally","url":"\/15.2-5604\/","token":"15.2\/IV\/56\/15.2-5604","metadata":false},{"id":59207,"structure_id":15526,"section_number":"15.2-5605","catch_line":"Transfers of property, appropriations and contracts by participating localities","url":"\/15.2-5605\/","token":"15.2\/IV\/56\/15.2-5605","metadata":false},{"id":81642,"structure_id":15526,"section_number":"15.2-5606","catch_line":"Acquisition, maintenance and operation of projects; revenues from projects","url":"\/15.2-5606\/","token":"15.2\/IV\/56\/15.2-5606","metadata":false},{"id":69216,"structure_id":15526,"section_number":"15.2-5607","catch_line":"Authority to issue bonds; source of payment","url":"\/15.2-5607\/","token":"15.2\/IV\/56\/15.2-5607","metadata":false},{"id":70391,"structure_id":15526,"section_number":"15.2-5608","catch_line":"Bond resolution; terms, conditions, form and execution of bonds; sale; interim receipts or temporary bonds","url":"\/15.2-5608\/","token":"15.2\/IV\/56\/15.2-5608","metadata":false},{"id":65376,"structure_id":15526,"section_number":"15.2-5609","catch_line":"Trust indenture or agreement to secure payment of bonds","url":"\/15.2-5609\/","token":"15.2\/IV\/56\/15.2-5609","metadata":false},{"id":67542,"structure_id":15526,"section_number":"15.2-5610","catch_line":"Fees, rents and other charges; reserves","url":"\/15.2-5610\/","token":"15.2\/IV\/56\/15.2-5610","metadata":false},{"id":63444,"structure_id":15526,"section_number":"15.2-5611","catch_line":"Moneys received deemed trust funds","url":"\/15.2-5611\/","token":"15.2\/IV\/56\/15.2-5611","metadata":false},{"id":67764,"structure_id":15526,"section_number":"15.2-5612","catch_line":"Remedies of bondholders and trustee","url":"\/15.2-5612\/","token":"15.2\/IV\/56\/15.2-5612","metadata":false},{"id":76068,"structure_id":15526,"section_number":"15.2-5613","catch_line":"Authority to exercise a governmental function; exemption from taxation","url":"\/15.2-5613\/","token":"15.2\/IV\/56\/15.2-5613","metadata":false},{"id":71709,"structure_id":15526,"section_number":"15.2-5614","catch_line":"Bonds legal investments","url":"\/15.2-5614\/","token":"15.2\/IV\/56\/15.2-5614","metadata":false},{"id":60341,"structure_id":15526,"section_number":"15.2-5615","catch_line":"Chapter to constitute complete authority for acts authorized; liberal construction","url":"\/15.2-5615\/","token":"15.2\/IV\/56\/15.2-5615","metadata":false},{"id":62337,"structure_id":15526,"section_number":"15.2-5616","catch_line":"Dissolution of authority; disposition of property","url":"\/15.2-5616\/","token":"15.2\/IV\/56\/15.2-5616","metadata":false}],"previous_section":{"id":66897,"structure_id":15526,"section_number":"15.2-5601","catch_line":"Definitions","url":"\/15.2-5601\/","token":"15.2\/IV\/56\/15.2-5601","metadata":false},"next_section":{"id":69743,"structure_id":15526,"section_number":"15.2-5603","catch_line":"Board to exercise powers of authority","url":"\/15.2-5603\/","token":"15.2\/IV\/56\/15.2-5603","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5602\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 5 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 1962, chapter 393; in 1975, chapter 517; in 1996, chapter 1021<\/a>; in 1997, chapter 587<\/a>; in 2023, chapters 506<\/a> and 507<\/a>.<\/p>","references":[{"id":66897,"section_number":"15.2-5601","catch_line":"Definitions","order_by":null,"url":"\/15.2-5601\/"}],"refers_to":[{"id":58078,"section_number":"24.2-681","catch_line":"How special elections superintended and determined","order_by":null,"url":"\/24.2-681\/"}],"permalink":{"id":159587,"object_type":"law","relational_id":61513,"identifier":"15.2-5602","token":"15.2\/IV\/56\/15.2-5602","url":"\/15.2-5602\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5602\/","token":"15.2\/IV\/56\/15.2-5602","dublin_core":{"Title":"Creation of authorities","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5602","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A locality<\/span> may by ordinance<\/span> or resolution, or two or more localities, may by concurrent ordinances<\/span> or resolutions, signify their intention to create an authority<\/span> under an appropriate name and title containing the word “authority<\/span>.” Each participating locality<\/span> shall hold a public hearing<\/span>, notice of which shall be given by publication at least once, not less than seven days prior to the date fixed for the hearing<\/span>, in a newspaper having general circulation in the locality<\/span>. The notice shall contain a brief<\/span> statement of the substance of the proposed authority<\/span>, shall set forth the proposed articles of incorporation of the authority<\/span> and shall state the time and place of the public hearing<\/span>. The locality<\/span>, by resolution, may call for a referendum<\/span> on the question of the creation of an authority<\/span>, which shall be held as provided by § 24.2-681<\/a> et seq. When a referendum<\/span> is to be held in more than one locality<\/span>, the referendum<\/span> shall be held on the same date in all of such localities. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The articles of incorporation shall set forth: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The name of the authority<\/span> and address of its principal office. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A statement that the authority<\/span> is created under this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The name of each participating locality<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> The names, addresses and terms of office of the first members of the authority<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> The purpose or purposes for which the authority<\/span> is to be created. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Passage of such ordinance<\/span> or resolution by the governing body<\/span> or governing bodies shall constitute the authority<\/span> a body politic and corporate of the Commonwealth. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Any locality<\/span> may become a member of an existing authority<\/span>, and any locality<\/span> which is a member of an existing authority<\/span> may withdraw therefrom, but no locality<\/span> shall be permitted to withdraw from any authority<\/span> that has outstanding obligations unless United States securities have been deposited for their payment or without the unanimous consent of all holders of the outstanding obligations. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> Having specified the initial purpose or purposes of the authority<\/span> in the articles of incorporation, the governing bodies of the participating localities may, from time to time by subsequent ordinance<\/span> or resolution, after public hearing<\/span>, modify the articles of incorporation and the purpose or purposes specified therein. Such modification may be made either with or without a referendum<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCREATION OF AUTHORITIES (\u00a7 15.2-5602)\n\nA. A locality may by ordinance or resolution, or two or more localities, may by\nconcurrent ordinances or resolutions, signify their intention to create an\nauthority under an appropriate name and title containing the word\n“authority.” Each participating locality shall hold a public\nhearing, notice of which shall be given by publication at least once, not less\nthan seven days prior to the date fixed for the hearing, in a newspaper having\ngeneral circulation in the locality. The notice shall contain a brief statement\nof the substance of the proposed authority, shall set forth the proposed\narticles of incorporation of the authority and shall state the time and place of\nthe public hearing. The locality, by resolution, may call for a referendum on\nthe question of the creation of an authority, which shall be held as provided by\n§ 24.2-681 et seq. When a referendum is to be held in more than one\nlocality, the referendum shall be held on the same date in all of such\nlocalities.\n\nB. The articles of incorporation shall set forth:\n\n 1. The name of the authority and address of its principal office.\n\n 2. A statement that the authority is created under this chapter.\n\n 3. The name of each participating locality.\n\n 4. The names, addresses and terms of office of the first members of the\n authority.\n\n 5. The purpose or purposes for which the authority is to be created.\n\nC. Passage of such ordinance or resolution by the governing body or governing\nbodies shall constitute the authority a body politic and corporate of the\nCommonwealth.\n\nD. Any locality may become a member of an existing authority, and any locality\nwhich is a member of an existing authority may withdraw therefrom, but no\nlocality shall be permitted to withdraw from any authority that has outstanding\nobligations unless United States securities have been deposited for their\npayment or without the unanimous consent of all holders of the outstanding\nobligations.\n\nE. Having specified the initial purpose or purposes of the authority in the\narticles of incorporation, the governing bodies of the participating localities\nmay, from time to time by subsequent ordinance or resolution, after public\nhearing, modify the articles of incorporation and the purpose or purposes\nspecified therein. Such modification may be made either with or without a\nreferendum.\n\nHISTORY: Code 1950, \u00a7 15-714.15; 1962, c. 393, \u00a7 3, \u00a7 15.1-1273; 1975, c.\n517; 1996, c. 1021; 1997, c. 587; 2023, cc. 506, 507.","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}}