{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5604.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5604.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5604.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5604.html"}],"law_id":84975,"edition_id":1,"section_id":84975,"structure_id":15526,"section_number":"15.2-5604","catch_line":"Powers of authority generally","history":"Code 1950, \u00a7 15-714.17; 1962, c. 393, \u00a7 5, \u00a7 15.1-1275; 1973, c. 238; 1986, c. 442; 1997, c. 587.","full_text":"Each authority created hereunder shall be a political subdivision of the Commonwealth Virginia and shall be an instrumentality exercising public and essential governmental functions to provide for the public health and welfare. Each authority is authorized and empowered:\n\n1\n\nTo have existence for such term of years as specified by the participating localities;2\n\nTo contract and be contracted with; to sue and be sued; to make and from time to time amend and repeal bylaws, rules and regulations not inconsistent with general law to carry out its purposes; and to adopt a corporate seal and alter the same at its pleasure;3\n\nTo acquire, purchase, lease as lessee, construct, reconstruct, improve, extend, operate and maintain projects within or outside any of the participating localities; and to acquire by gift or purchase lands or rights in land in connection therewith and to sell, lease as lessor, transfer or dispose of any property or interest therein acquired by it, at any time;4\n\nTo lease all or any part of any project upon any such terms or conditions and for such term of years as it may deem advisable to carry out the provisions of this chapter;5\n\nTo regulate the uses of all lands and facilities under control of the authority;6\n\nTo fix and revise from time to time and to charge and collect fees, rents and other charges for the use of any project or facilities thereof owned or controlled, and to establish and revise from time to time regulations in respect of the use, operation and occupancy of any such project or facilities thereof;7\n\nTo enter into contracts with any participating locality, the Commonwealth, or any other political subdivision, agency or instrumentality thereof, any federal agency or with any person providing for or relating to any project, including contracts for the management or operation of all or any part of a project;8\n\nTo accept grants and gifts from any participating locality, the Commonwealth or any other political subdivision, agency or instrumentality thereof, any federal agency and from any person;9\n\nTo issue bonds and refunding bonds of the authority, such bonds to be payable solely from funds of the authority; and from such other sources of payment as are authorized by § 15.2-5607;10\n\nTo make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under this chapter, including a trust agreement or trust agreements securing any bonds or refunding bonds issued hereunder; and11\n\nTo do all acts and things necessary or convenient to carry out the powers granted by this chapter.","order_by":null,"text":{"0":{"id":304574,"text":"Each authority created hereunder shall be a political subdivision of the Commonwealth Virginia and shall be an instrumentality exercising public and essential governmental functions to provide for the public health and welfare. Each authority is authorized and empowered:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":304575,"text":"To have existence for such term of years as specified by the participating localities;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":304576,"text":"To contract and be contracted with; to sue and be sued; to make and from time to time amend and repeal bylaws, rules and regulations not inconsistent with general law to carry out its purposes; and to adopt a corporate seal and alter the same at its pleasure;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":304577,"text":"To acquire, purchase, lease as lessee, construct, reconstruct, improve, extend, operate and maintain projects within or outside any of the participating localities; and to acquire by gift or purchase lands or rights in land in connection therewith and to sell, lease as lessor, transfer or dispose of any property or interest therein acquired by it, at any time;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":304578,"text":"To lease all or any part of any project upon any such terms or conditions and for such term of years as it may deem advisable to carry out the provisions of this chapter;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":304579,"text":"To regulate the uses of all lands and facilities under control of the authority;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":304580,"text":"To fix and revise from time to time and to charge and collect fees, rents and other charges for the use of any project or facilities thereof owned or controlled, and to establish and revise from time to time regulations in respect of the use, operation and occupancy of any such project or facilities thereof;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":304581,"text":"To enter into contracts with any participating locality, the Commonwealth, or any other political subdivision, agency or instrumentality thereof, any federal agency or with any person providing for or relating to any project, including contracts for the management or operation of all or any part of a project;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":304582,"text":"To accept grants and gifts from any participating locality, the Commonwealth or any other political subdivision, agency or instrumentality thereof, any federal agency and from any person;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":304583,"text":"To issue bonds and refunding bonds of the authority, such bonds to be payable solely from funds of the authority; and from such other sources of payment as are authorized by § 15.2-5607;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":304584,"text":"To make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under this chapter, including a trust agreement or trust agreements securing any bonds or refunding bonds issued hereunder; and","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":304585,"text":"To do all acts and things necessary or convenient to carry out the powers granted by this chapter.","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10"}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5604\/","history_text":"

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 1962, chapter 393; in 1973, chapter 238; in 1986, chapter 442; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":[{"id":69216,"section_number":"15.2-5607","catch_line":"Authority to issue bonds; source of payment","order_by":null,"url":"\/15.2-5607\/"}],"permalink":{"id":159595,"object_type":"law","relational_id":84975,"identifier":"15.2-5604","token":"15.2\/IV\/56\/15.2-5604","url":"\/15.2-5604\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5604\/","token":"15.2\/IV\/56\/15.2-5604","dublin_core":{"Title":"Powers of authority generally","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5604","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Each authority<\/span> created hereunder shall be a political subdivision of the Commonwealth Virginia and shall be an instrumentality exercising public and essential governmental functions to provide for the public health and welfare. Each authority<\/span> is authorized and empowered:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> To have existence for such term of years as specified by the participating localities; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> To contract<\/span> and be contracted with; to sue and be sued; to make and from time to time amend<\/span> and repeal bylaws, rules and regulations not inconsistent with general law<\/span> to carry out its purposes; and to adopt a corporate seal and alter the same at its pleasure; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> To acquire, purchase, lease as lessee, construct, reconstruct, improve, extend, operate and maintain projects<\/span><\/span> within or outside any of the participating localities; and to acquire by gift or purchase lands or rights in land in connection therewith and to sell, lease as lessor, transfer or dispose of any property or interest therein acquired by it, at any time; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> To lease all or any part of any project<\/span> upon any such terms or conditions and for such term of years as it may deem advisable to carry out the provisions of this chapter; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> To regulate the uses of all lands and facilities under control of the authority<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> To fix and revise from time to time and to charge and collect fees, rents and other charges for the use of any project<\/span> or facilities thereof owned or controlled, and to establish and revise from time to time regulations in respect of the use, operation and occupancy of any such project<\/span> or facilities thereof; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> To enter into contracts<\/span> with any participating locality<\/span>, the Commonwealth, or any other political subdivision, agency or instrumentality thereof, any federal agency<\/span> or with any person providing for or relating to any project<\/span>, including contracts<\/span> for the management or operation of all or any part of a project<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> To accept grants and gifts from any participating locality<\/span>, the Commonwealth or any other political subdivision, agency or instrumentality thereof, any federal agency<\/span> and from any person; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> To issue<\/span> bonds<\/span><\/span> and refunding bonds<\/span><\/span> of the authority<\/span>, such bonds<\/span><\/span> to be payable solely from funds of the authority<\/span>; and from such other sources of payment as are authorized by § 15.2-5607<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> To make and enter into all contracts<\/span> and agreements necessary or incidental to the performance of its duties and the execution of its powers under this chapter, including a trust agreement or trust agreements securing any bonds<\/span><\/span> or refunding bonds<\/span><\/span> issued hereunder; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> To do all acts and things necessary or convenient to carry out the powers granted by this chapter. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOWERS OF AUTHORITY GENERALLY (\u00a7 15.2-5604)\n\nEach authority created hereunder shall be a political subdivision of the\nCommonwealth Virginia and shall be an instrumentality exercising public and\nessential governmental functions to provide for the public health and welfare.\nEach authority is authorized and empowered:\n\n1. To have existence for such term of years as specified by the participating\nlocalities;\n\n2. To contract and be contracted with; to sue and be sued; to make and from time\nto time amend and repeal bylaws, rules and regulations not inconsistent with\ngeneral law to carry out its purposes; and to adopt a corporate seal and alter\nthe same at its pleasure;\n\n3. To acquire, purchase, lease as lessee, construct, reconstruct, improve,\nextend, operate and maintain projects within or outside any of the participating\nlocalities; and to acquire by gift or purchase lands or rights in land in\nconnection therewith and to sell, lease as lessor, transfer or dispose of any\nproperty or interest therein acquired by it, at any time;\n\n4. To lease all or any part of any project upon any such terms or conditions and\nfor such term of years as it may deem advisable to carry out the provisions of\nthis chapter;\n\n5. To regulate the uses of all lands and facilities under control of the\nauthority;\n\n6. To fix and revise from time to time and to charge and collect fees, rents and\nother charges for the use of any project or facilities thereof owned or\ncontrolled, and to establish and revise from time to time regulations in respect\nof the use, operation and occupancy of any such project or facilities thereof;\n\n7. To enter into contracts with any participating locality, the Commonwealth, or\nany other political subdivision, agency or instrumentality thereof, any federal\nagency or with any person providing for or relating to any project, including\ncontracts for the management or operation of all or any part of a project;\n\n8. To accept grants and gifts from any participating locality, the Commonwealth\nor any other political subdivision, agency or instrumentality thereof, any\nfederal agency and from any person;\n\n9. To issue bonds and refunding bonds of the authority, such bonds to be payable\nsolely from funds of the authority; and from such other sources of payment as\nare authorized by § 15.2-5607;\n\n10. To make and enter into all contracts and agreements necessary or incidental\nto the performance of its duties and the execution of its powers under this\nchapter, including a trust agreement or trust agreements securing any bonds or\nrefunding bonds issued hereunder; and\n\n11. To do all acts and things necessary or convenient to carry out the powers\ngranted by this chapter.\n\nHISTORY: Code 1950, \u00a7 15-714.17; 1962, c. 393, \u00a7 5, \u00a7 15.1-1275; 1973, c.\n238; 1986, c. 442; 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}}