{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5603.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5603.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5603.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5603.html"}],"law_id":69743,"edition_id":1,"section_id":69743,"structure_id":15526,"section_number":"15.2-5603","catch_line":"Board to exercise powers of authority","history":"Code 1950, \u00a7 15-714.16; 1962, c. 393, \u00a7 4, \u00a7 15.1-1274; 1974, c. 132; 1986, c. 442; 1995, c. 626; 1996, c. 1021; 1997, c. 587.","full_text":"The powers of each authority created hereunder shall be exercised by a board which shall consist of not less than five nor more than seventeen members who shall be appointed by the participating localities and who shall be selected in the manner and for the terms provided by the ordinance or resolution creating the authority. Officers and employees of the participating localities may be appointed to the board and may constitute a majority of the members of the board. The members of the board shall elect one of their number chairman and shall elect a secretary and treasurer who need not be members of the board. The offices of secretary and treasurer may be combined. A majority of the members of the board shall constitute a quorum and the vote of a majority of such members shall be necessary for any action taken by the authority. No vacancy in the membership of the board shall impair the right of a quorum to exercise all the rights and perform all the duties of the authority. The members of the board shall be reimbursed for the amount of actual expenses incurred by them in the performance of their duties. The localities may provide for compensation of the members of the board; provided no compensation shall be paid for meetings not attended.\n\t\tAlternate members of the board may also be selected. Such alternates shall be selected in the same manner as the members. The term of each alternate shall be the same as the term of the member for whom each serves as an alternate; however, the alternate’s term shall not expire because of the member’s death, disqualification, resignation or termination of employment with the member’s locality. If a member is not present at a meeting of the authority, the alternate for the member shall have all the voting and other rights of a member and shall be counted for purposes of determining a quorum at any meeting of the authority.","order_by":null,"text":{"0":{"id":252091,"text":"The powers of each authority created hereunder shall be exercised by a board which shall consist of not less than five nor more than seventeen members who shall be appointed by the participating localities and who shall be selected in the manner and for the terms provided by the ordinance or resolution creating the authority. Officers and employees of the participating localities may be appointed to the board and may constitute a majority of the members of the board. The members of the board shall elect one of their number chairman and shall elect a secretary and treasurer who need not be members of the board. The offices of secretary and treasurer may be combined. A majority of the members of the board shall constitute a quorum and the vote of a majority of such members shall be necessary for any action taken by the authority. No vacancy in the membership of the board shall impair the right of a quorum to exercise all the rights and perform all the duties of the authority. The members of the board shall be reimbursed for the amount of actual expenses incurred by them in the performance of their duties. The localities may provide for compensation of the members of the board; provided no compensation shall be paid for meetings not attended.\n\t\tAlternate members of the board may also be selected. Such alternates shall be selected in the same manner as the members. The term of each alternate shall be the same as the term of the member for whom each serves as an alternate; however, the alternate’s term shall not expire because of the member’s death, disqualification, resignation or termination of employment with the member’s locality. If a member is not present at a meeting of the authority, the alternate for the member shall have all the voting and other rights of a member and shall be counted for purposes of determining a quorum at any meeting of the authority.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5603\/","history_text":"

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 1962, chapter 393; in 1974, chapter 132; in 1986, chapter 442; in 1995, chapter 626<\/a>; in 1996, chapter 1021<\/a>; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":159591,"object_type":"law","relational_id":69743,"identifier":"15.2-5603","token":"15.2\/IV\/56\/15.2-5603","url":"\/15.2-5603\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5603\/","token":"15.2\/IV\/56\/15.2-5603","dublin_core":{"Title":"Board to exercise powers of authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5603","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The powers of each authority<\/span> created hereunder shall be exercised by a board which shall consist of not less than five nor more than seventeen members who shall be appointed by the participating localities and who shall be selected in the manner and for the terms provided by the ordinance<\/span> or resolution creating the authority<\/span>. Officers and employees of the participating localities may be appointed to the board and may constitute a majority of the members of the board. The members of the board shall elect one of their number chairman and shall elect a secretary and treasurer who need not be members of the board. The offices of secretary and treasurer may be combined. A majority of the members of the board shall constitute a quorum and the vote of a majority of such members shall be necessary for any action taken by the authority<\/span>. No vacancy in the membership of the board shall impair the right of a quorum to exercise all the rights and perform all the duties of the authority<\/span>. The members of the board shall be reimbursed for the amount of actual expenses incurred by them in the performance of their duties. The localities may provide for compensation of the members of the board; provided no compensation shall be paid for meetings not attended.\n\t\tAlternate members of the board may also be selected. Such alternates shall be selected in the same manner as the members. The term of each alternate shall be the same as the term of the member for whom each serves as an alternate; however, the alternate’s term shall not expire because of the member’s death, disqualification, resignation or termination of employment with the member’s locality<\/span>. If a member is not present at a meeting of the authority<\/span>, the alternate for the member shall have all the voting and other rights of a member and shall be counted for purposes of determining a quorum at any meeting of the authority<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nBOARD TO EXERCISE POWERS OF AUTHORITY (\u00a7 15.2-5603)\n\nThe powers of each authority created hereunder shall be exercised by a board\nwhich shall consist of not less than five nor more than seventeen members who\nshall be appointed by the participating localities and who shall be selected in\nthe manner and for the terms provided by the ordinance or resolution creating\nthe authority. Officers and employees of the participating localities may be\nappointed to the board and may constitute a majority of the members of the\nboard. The members of the board shall elect one of their number chairman and\nshall elect a secretary and treasurer who need not be members of the board. The\noffices of secretary and treasurer may be combined. A majority of the members of\nthe board shall constitute a quorum and the vote of a majority of such members\nshall be necessary for any action taken by the authority. No vacancy in the\nmembership of the board shall impair the right of a quorum to exercise all the\nrights and perform all the duties of the authority. The members of the board\nshall be reimbursed for the amount of actual expenses incurred by them in the\nperformance of their duties. The localities may provide for compensation of the\nmembers of the board; provided no compensation shall be paid for meetings not\nattended.\n\t\tAlternate members of the board may also be selected. Such alternates shall be\nselected in the same manner as the members. The term of each alternate shall be\nthe same as the term of the member for whom each serves as an alternate;\nhowever, the alternate’s term shall not expire because of the\nmember’s death, disqualification, resignation or termination of employment\nwith the member’s locality. If a member is not present at a meeting of the\nauthority, the alternate for the member shall have all the voting and other\nrights of a member and shall be counted for purposes of determining a quorum at\nany meeting of the authority.\n\nHISTORY: Code 1950, \u00a7 15-714.16; 1962, c. 393, \u00a7 4, \u00a7 15.1-1274; 1974, c.\n132; 1986, c. 442; 1995, c. 626; 1996, c. 1021; 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}}