{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5812.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5812.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5812.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5812.html"}],"law_id":69446,"edition_id":1,"section_id":69446,"structure_id":13726,"section_number":"15.2-5812","catch_line":"Additional duties","history":"1992, c. 823, \u00a7 15.1-227.82; 1997, c. 587.","full_text":"In addition to the duties set forth elsewhere in this chapter, the Authority shall:\n\n1\n\nKeep records as are consistent with sound business practices and accounting records using generally accepted accounting practices;2\n\nCause an audit by an independent certified public accountant to be made of accounts and transactions at the conclusion of each fiscal year;3\n\nBe subject to audit and examination at any reasonable time of its accounts and transactions by the Auditor of Public Accounts; and4\n\nSubmit a detailed annual report of its activities and financial standing to the Governor and to the General Assembly.","order_by":null,"text":{"0":{"id":251134,"text":"In addition to the duties set forth elsewhere in this chapter, the Authority shall:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":251135,"text":"Keep records as are consistent with sound business practices and accounting records using generally accepted accounting practices;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":251136,"text":"Cause an audit by an independent certified public accountant to be made of accounts and transactions at the conclusion of each fiscal year;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":251137,"text":"Be subject to audit and examination at any reasonable time of its accounts and transactions by the Auditor of Public Accounts; and","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":251138,"text":"Submit a detailed annual report of its activities and financial standing to the Governor and to the General Assembly.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5812\/","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 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 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":159763,"object_type":"law","relational_id":69446,"identifier":"15.2-5812","token":"15.2\/IV\/58\/15.2-5812","url":"\/15.2-5812\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5812\/","token":"15.2\/IV\/58\/15.2-5812","dublin_core":{"Title":"Additional duties","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5812","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

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

1.<\/span> Keep records as are consistent with sound business practices and accounting records using generally accepted accounting practices; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Cause an audit by an independent certified public accountant to be made of accounts and transactions at the conclusion of each fiscal year; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Be subject to audit and examination at any reasonable time of its accounts and transactions by the Auditor of Public Accounts; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Submit a detailed annual report of its activities and financial standing to the Governor and to the General Assembly. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nADDITIONAL DUTIES (\u00a7 15.2-5812)\n\nIn addition to the duties set forth elsewhere in this chapter, the Authority\nshall:\n\n1. Keep records as are consistent with sound business practices and accounting\nrecords using generally accepted accounting practices;\n\n2. Cause an audit by an independent certified public accountant to be made of\naccounts and transactions at the conclusion of each fiscal year;\n\n3. Be subject to audit and examination at any reasonable time of its accounts\nand transactions by the Auditor of Public Accounts; and\n\n4. Submit a detailed annual report of its activities and financial standing to\nthe Governor and to the General Assembly.\n\nHISTORY: 1992, c. 823, \u00a7 15.1-227.82; 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}}