{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5805.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5805.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5805.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5805.html"}],"law_id":55006,"edition_id":1,"section_id":55006,"structure_id":13726,"section_number":"15.2-5805","catch_line":"Powers","history":"1992, c. 823, \u00a7 15.1-227.75; 1995, cc. 613, 629; 1996, cc. 950, 1038; 1997, cc. 587, 884; 2005, c. 106.","full_text":"In addition to the powers set forth elsewhere in this chapter, the Authority may:\n\n1\n\nAdopt and alter an official seal;2\n\nSue and be sued in its own name;3\n\nAdopt bylaws, rules and regulations to carry out the provisions of this chapter;4\n\nMaintain an office at such place as the Authority may designate;5\n\nEmploy, either as regular employees or independent contractors, consultants, engineers, architects, accountants, attorneys, financial experts, construction experts and personnel, superintendents, managers and other professional personnel, personnel, and agents as may be necessary in the judgment of the Authority, and fix their compensation;6\n\nDetermine the locations of, develop, establish, construct, erect, acquire, own, repair, remodel, add to, extend, improve, equip, operate, regulate, and maintain facilities to the extent necessary to accomplish the purposes of the Authority;7\n\nAcquire, hold, lease, use, encumber, transfer, or dispose of real and personal property, including a lease of its property or any interest therein whatever the condition thereof, whether or not constructed or acquired, to the Commonwealth or any political subdivision of the Commonwealth. The Commonwealth and any such political subdivision are authorized to acquire or lease such property or any interest therein; however, the Commonwealth shall not enter into any such lease or purchase agreement unless such lease or purchase agreement has first been approved pursuant to subsections E and F of § 15.2-5806;8\n\nEnter into contracts of any kind, and execute all instruments necessary or convenient with respect to its carrying out the powers in this chapter to accomplish the purposes of the Authority;9\n\nOperate, enter into contracts for the operation of, and regulate the use and operation of facilities developed under the provisions of the chapter;10\n\nFix and revise from time to time and charge and collect rates, rents, fees, or other charges for the use of facilities or for services rendered in connection with the facilities;11\n\nBorrow money from any source for any valid purpose, including working capital for its operations, reserve funds, or interest, and to mortgage, pledge, or otherwise encumber the property or funds of the Authority and to contract with or engage the services of any person in connection with any financing, including financial institutions, issuers of letters of credit, or insurers;12\n\nIssue bonds under this chapter;13\n\nReceive and accept from any source, private or public, contributions, gifts, or grants of money or property; and14\n\nDo all things necessary or convenient to carry out the powers granted by this chapter.","order_by":null,"text":{"0":{"id":201758,"text":"In addition to the powers set forth elsewhere in this chapter, the Authority may:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":201759,"text":"Adopt and alter an official seal;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":201760,"text":"Sue and be sued in its own name;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":201761,"text":"Adopt bylaws, rules and regulations to carry out the provisions of this chapter;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":201762,"text":"Maintain an office at such place as the Authority may designate;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":201763,"text":"Employ, either as regular employees or independent contractors, consultants, engineers, architects, accountants, attorneys, financial experts, construction experts and personnel, superintendents, managers and other professional personnel, personnel, and agents as may be necessary in the judgment of the Authority, and fix their compensation;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":201764,"text":"Determine the locations of, develop, establish, construct, erect, acquire, own, repair, remodel, add to, extend, improve, equip, operate, regulate, and maintain facilities to the extent necessary to accomplish the purposes of the Authority;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":201765,"text":"Acquire, hold, lease, use, encumber, transfer, or dispose of real and personal property, including a lease of its property or any interest therein whatever the condition thereof, whether or not constructed or acquired, to the Commonwealth or any political subdivision of the Commonwealth. The Commonwealth and any such political subdivision are authorized to acquire or lease such property or any interest therein; however, the Commonwealth shall not enter into any such lease or purchase agreement unless such lease or purchase agreement has first been approved pursuant to subsections E and F of § 15.2-5806;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":201766,"text":"Enter into contracts of any kind, and execute all instruments necessary or convenient with respect to its carrying out the powers in this chapter to accomplish the purposes of the Authority;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":201767,"text":"Operate, enter into contracts for the operation of, and regulate the use and operation of facilities developed under the provisions of the chapter;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":201768,"text":"Fix and revise from time to time and charge and collect rates, rents, fees, or other charges for the use of facilities or for services rendered in connection with the facilities;","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":201769,"text":"Borrow money from any source for any valid purpose, including working capital for its operations, reserve funds, or interest, and to mortgage, pledge, or otherwise encumber the property or funds of the Authority and to contract with or engage the services of any person in connection with any financing, including financial institutions, issuers of letters of credit, or insurers;","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10","next_prefix":"12"},"12":{"id":201770,"text":"Issue bonds under this chapter;","type":"section","prefixes":["12"],"prefix":"12","entire_prefix":"12","prefix_anchor":"12","level":1,"prior_prefix":"11","next_prefix":"13"},"13":{"id":201771,"text":"Receive and accept from any source, private or public, contributions, gifts, or grants of money or property; and","type":"section","prefixes":["13"],"prefix":"13","entire_prefix":"13","prefix_anchor":"13","level":1,"prior_prefix":"12","next_prefix":"14"},"14":{"id":201772,"text":"Do all things necessary or convenient to carry out the powers granted by this chapter.","type":"section","prefixes":["14"],"prefix":"14","entire_prefix":"14","prefix_anchor":"14","level":1,"prior_prefix":"13"}},"ancestry":[{"id":13726,"edition_id":1,"name":"Virginia Baseball Stadium Authority","identifier":"58","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:45:41","date_modified":"2026-06-26 03:45:41","permalink":{"id":159713,"object_type":"structure","relational_id":13726,"identifier":"58","token":"15.2\/IV\/58","url":"\/15.2\/IV\/58\/","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":73670,"structure_id":13726,"section_number":"15.2-5800","catch_line":"Definitions; professional baseball games; consent for construction","url":"\/15.2-5800\/","token":"15.2\/IV\/58\/15.2-5800","metadata":false},{"id":58293,"structure_id":13726,"section_number":"15.2-5801","catch_line":"Creation of Authority","url":"\/15.2-5801\/","token":"15.2\/IV\/58\/15.2-5801","metadata":false},{"id":61105,"structure_id":13726,"section_number":"15.2-5802","catch_line":"Members of Authority; chairman; terms","url":"\/15.2-5802\/","token":"15.2\/IV\/58\/15.2-5802","metadata":false},{"id":78871,"structure_id":13726,"section_number":"15.2-5803","catch_line":"Quorum; actions of Authority; meetings","url":"\/15.2-5803\/","token":"15.2\/IV\/58\/15.2-5803","metadata":false},{"id":56279,"structure_id":13726,"section_number":"15.2-5804","catch_line":"Executive Director appointment; duties","url":"\/15.2-5804\/","token":"15.2\/IV\/58\/15.2-5804","metadata":false},{"id":55006,"structure_id":13726,"section_number":"15.2-5805","catch_line":"Powers","url":"\/15.2-5805\/","token":"15.2\/IV\/58\/15.2-5805","metadata":false},{"id":79894,"structure_id":13726,"section_number":"15.2-5806","catch_line":"Public hearings; notice; reports","url":"\/15.2-5806\/","token":"15.2\/IV\/58\/15.2-5806","metadata":false},{"id":65517,"structure_id":13726,"section_number":"15.2-5807","catch_line":"Acquisition of property","url":"\/15.2-5807\/","token":"15.2\/IV\/58\/15.2-5807","metadata":false},{"id":54719,"structure_id":13726,"section_number":"15.2-5808","catch_line":"Bond issues","url":"\/15.2-5808\/","token":"15.2\/IV\/58\/15.2-5808","metadata":false},{"id":56343,"structure_id":13726,"section_number":"15.2-5809","catch_line":"Investments in bonds","url":"\/15.2-5809\/","token":"15.2\/IV\/58\/15.2-5809","metadata":false},{"id":81181,"structure_id":13726,"section_number":"15.2-5810","catch_line":"Bonds are tax exempt","url":"\/15.2-5810\/","token":"15.2\/IV\/58\/15.2-5810","metadata":false},{"id":86941,"structure_id":13726,"section_number":"15.2-5811","catch_line":"Stadium Authority Financing Fund; use","url":"\/15.2-5811\/","token":"15.2\/IV\/58\/15.2-5811","metadata":false},{"id":69446,"structure_id":13726,"section_number":"15.2-5812","catch_line":"Additional duties","url":"\/15.2-5812\/","token":"15.2\/IV\/58\/15.2-5812","metadata":false},{"id":81971,"structure_id":13726,"section_number":"15.2-5813","catch_line":"Creation of local advisory boards","url":"\/15.2-5813\/","token":"15.2\/IV\/58\/15.2-5813","metadata":false},{"id":85668,"structure_id":13726,"section_number":"15.2-5814","catch_line":"Entitlement to sales tax revenues derived from a major league baseball stadium","url":"\/15.2-5814\/","token":"15.2\/IV\/58\/15.2-5814","metadata":false},{"id":58949,"structure_id":13726,"section_number":"15.2-5815","catch_line":"Tax revenues of the Commonwealth or any other political subdivision not pledged","url":"\/15.2-5815\/","token":"15.2\/IV\/58\/15.2-5815","metadata":false},{"id":78739,"structure_id":13726,"section_number":"15.2-5816","catch_line":"Cooperation between the Authority and other political subdivisions","url":"\/15.2-5816\/","token":"15.2\/IV\/58\/15.2-5816","metadata":false},{"id":58333,"structure_id":13726,"section_number":"15.2-5817","catch_line":"Tort liability","url":"\/15.2-5817\/","token":"15.2\/IV\/58\/15.2-5817","metadata":false},{"id":65024,"structure_id":13726,"section_number":"15.2-5818","catch_line":"Tort claims","url":"\/15.2-5818\/","token":"15.2\/IV\/58\/15.2-5818","metadata":false},{"id":73463,"structure_id":13726,"section_number":"15.2-5819","catch_line":"Policy statement","url":"\/15.2-5819\/","token":"15.2\/IV\/58\/15.2-5819","metadata":false},{"id":77217,"structure_id":13726,"section_number":"15.2-5820","catch_line":"Expired","url":"\/15.2-5820\/","token":"15.2\/IV\/58\/15.2-5820","metadata":false},{"id":60561,"structure_id":13726,"section_number":"15.2-5821","catch_line":"Expired","url":"\/15.2-5821\/","token":"15.2\/IV\/58\/15.2-5821","metadata":false},{"id":62326,"structure_id":13726,"section_number":"15.2-5822","catch_line":"Expired","url":"\/15.2-5822\/","token":"15.2\/IV\/58\/15.2-5822","metadata":false},{"id":55982,"structure_id":13726,"section_number":"15.2-5823","catch_line":"Expired","url":"\/15.2-5823\/","token":"15.2\/IV\/58\/15.2-5823","metadata":false}],"previous_section":{"id":56279,"structure_id":13726,"section_number":"15.2-5804","catch_line":"Executive Director appointment; duties","url":"\/15.2-5804\/","token":"15.2\/IV\/58\/15.2-5804","metadata":false},"next_section":{"id":79894,"structure_id":13726,"section_number":"15.2-5806","catch_line":"Public hearings; notice; reports","url":"\/15.2-5806\/","token":"15.2\/IV\/58\/15.2-5806","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5805\/","history_text":"

This law was first created in 1992. The record of its establishment is cataloged in chapter 823 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. Unfortunately, the 1992 \u201cActs\u201d aren\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 1995, chapters 613<\/a> and 629<\/a>; in 1996, chapters 950<\/a> and 1038<\/a>; in 1997, chapters 587<\/a> and 884<\/a>; in 2005, chapter 106<\/a>.<\/p>","references":false,"refers_to":[{"id":79894,"section_number":"15.2-5806","catch_line":"Public hearings; notice; reports","order_by":null,"url":"\/15.2-5806\/"}],"permalink":{"id":159735,"object_type":"law","relational_id":55006,"identifier":"15.2-5805","token":"15.2\/IV\/58\/15.2-5805","url":"\/15.2-5805\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5805\/","token":"15.2\/IV\/58\/15.2-5805","dublin_core":{"Title":"Powers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5805","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

In addition to the powers set forth elsewhere in this chapter, the Authority<\/span> may:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Adopt and alter an official seal; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Sue and be sued in its own name; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Adopt bylaws, rules and regulations to carry out the provisions of this chapter; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Maintain an office at such place as the Authority<\/span> may designate; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Employ, either as regular employees or independent contractors, consultants, engineers, architects, accountants, attorneys, financial experts, construction experts and personnel, superintendents, managers and other professional personnel, personnel, and agents as may be necessary in the judgment<\/span> of the Authority<\/span>, and fix their compensation; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Determine the locations of, develop, establish, construct, erect, acquire, own, repair, remodel, add to, extend, improve, equip, operate, regulate, and maintain facilities to the extent necessary to accomplish the purposes of the Authority<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Acquire, hold, lease, use, encumber, transfer, or dispose of real and personal property, including a lease of its property or any interest therein whatever the condition thereof, whether or not constructed or acquired, to the Commonwealth or any political subdivision of the Commonwealth. The Commonwealth and any such political subdivision are authorized to acquire or lease such property or any interest therein; however, the Commonwealth shall not enter into any such lease or purchase agreement unless such lease or purchase agreement has first been approved pursuant to subsections E and F of § 15.2-5806<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Enter into contracts<\/span> of any kind, and execute all instruments necessary or convenient with respect to its carrying out the powers in this chapter to accomplish the purposes of the Authority<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> Operate, enter into contracts<\/span> for the operation of, and regulate the use and operation of facilities developed under the provisions of the chapter; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> Fix and revise from time to time and charge and collect rates, rents, fees, or other charges for the use of facilities or for services rendered in connection with the facilities; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> Borrow money from any source for any valid purpose, including working capital for its operations, reserve funds, or interest, and to mortgage, pledge, or otherwise encumber the property or funds of the Authority<\/span> and to contract<\/span> with or engage the services of any person in connection with any financing, including financial institutions, issuers of letters of credit, or insurers; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

12.<\/span> Issue<\/span> bonds<\/span> under this chapter; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

13.<\/span> Receive and accept from any source, private or public, contributions, gifts, or grants of money or property; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

14.<\/span> Do all things necessary or convenient to carry out the powers granted by this chapter. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOWERS (\u00a7 15.2-5805)\n\nIn addition to the powers set forth elsewhere in this chapter, the Authority\nmay:\n\n1. Adopt and alter an official seal;\n\n2. Sue and be sued in its own name;\n\n3. Adopt bylaws, rules and regulations to carry out the provisions of this\nchapter;\n\n4. Maintain an office at such place as the Authority may designate;\n\n5. Employ, either as regular employees or independent contractors, consultants,\nengineers, architects, accountants, attorneys, financial experts, construction\nexperts and personnel, superintendents, managers and other professional\npersonnel, personnel, and agents as may be necessary in the judgment of the\nAuthority, and fix their compensation;\n\n6. Determine the locations of, develop, establish, construct, erect, acquire,\nown, repair, remodel, add to, extend, improve, equip, operate, regulate, and\nmaintain facilities to the extent necessary to accomplish the purposes of the\nAuthority;\n\n7. Acquire, hold, lease, use, encumber, transfer, or dispose of real and\npersonal property, including a lease of its property or any interest therein\nwhatever the condition thereof, whether or not constructed or acquired, to the\nCommonwealth or any political subdivision of the Commonwealth. The Commonwealth\nand any such political subdivision are authorized to acquire or lease such\nproperty or any interest therein; however, the Commonwealth shall not enter into\nany such lease or purchase agreement unless such lease or purchase agreement has\nfirst been approved pursuant to subsections E and F of § 15.2-5806;\n\n8. Enter into contracts of any kind, and execute all instruments necessary or\nconvenient with respect to its carrying out the powers in this chapter to\naccomplish the purposes of the Authority;\n\n9. Operate, enter into contracts for the operation of, and regulate the use and\noperation of facilities developed under the provisions of the chapter;\n\n10. Fix and revise from time to time and charge and collect rates, rents, fees,\nor other charges for the use of facilities or for services rendered in\nconnection with the facilities;\n\n11. Borrow money from any source for any valid purpose, including working\ncapital for its operations, reserve funds, or interest, and to mortgage, pledge,\nor otherwise encumber the property or funds of the Authority and to contract\nwith or engage the services of any person in connection with any financing,\nincluding financial institutions, issuers of letters of credit, or insurers;\n\n12. Issue bonds under this chapter;\n\n13. Receive and accept from any source, private or public, contributions, gifts,\nor grants of money or property; and\n\n14. Do all things necessary or convenient to carry out the powers granted by\nthis chapter.\n\nHISTORY: 1992, c. 823, \u00a7 15.1-227.75; 1995, cc. 613, 629; 1996, cc. 950, 1038;\n1997, cc. 587, 884; 2005, c. 106.","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}}