{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5810.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5810.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5810.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5810.html"}],"law_id":81181,"edition_id":1,"section_id":81181,"structure_id":13726,"section_number":"15.2-5810","catch_line":"Bonds are tax exempt","history":"1992, c. 823, \u00a7 15.1-227.80; 1997, c. 587.","full_text":"The Authority shall not be required to pay any taxes or assessments of any kind whatsoever and its bonds, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this Commonwealth or by any of its political subdivisions, municipal corporations, or public agencies of any kind.","order_by":null,"text":{"0":{"id":290983,"text":"The Authority shall not be required to pay any taxes or assessments of any kind whatsoever and its bonds, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this Commonwealth or by any of its political subdivisions, municipal corporations, or public agencies of any kind.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5810\/","history_text":"<p>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 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 1997, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?971+ful+CHAP0587\">587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":159755,"object_type":"law","relational_id":81181,"identifier":"15.2-5810","token":"15.2\/IV\/58\/15.2-5810","url":"\/15.2-5810\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5810\/","token":"15.2\/IV\/58\/15.2-5810","dublin_core":{"Title":"Bonds are tax exempt","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5810","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Authority<\/span> shall not be required to pay any taxes or assessments of any kind whatsoever and its <span class=\"dictionary\">bonds<\/span>, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this Commonwealth or by any of its political subdivisions, municipal corporations, or public agencies of any kind.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nBONDS ARE TAX EXEMPT (\u00a7 15.2-5810)\n\nThe Authority shall not be required to pay any taxes or assessments of any kind\nwhatsoever and its bonds, their transfer, the interest payable on them, and any\nincome derived from them, including any profit realized in their sale or\nexchange, shall be exempt at all times from every kind and nature of taxation by\nthis Commonwealth or by any of its political subdivisions, municipal\ncorporations, or public agencies of any kind.\n\nHISTORY: 1992, c. 823, \u00a7 15.1-227.80; 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}}