{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-5944.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-5944.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-5944.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-5944.html"}],"law_id":58767,"edition_id":1,"section_id":58767,"structure_id":13779,"section_number":"15.2-5944","catch_line":"Restrictions related to sports teams","history":"2020, cc. 538, 539.","full_text":"A\n\nIf the Authority plans to use a Facility for the sole purpose of conducting athletic events involving a sports team, the Authority shall not enter into any contractual agreement with such sports team unless such contractual agreement requires that the sports team (i) not relocate until any bonds issued under this chapter are repaid or defeased and (ii) operate the Facility until any bonds issued under this chapter are repaid or defeased.B\n\nIf the Authority plans to use a Facility for the sole purpose of conducting athletic events involving a sports team, the Authority shall not issue bonds under this chapter until it executes a long-term lease with (i) the owner of the sports team or (ii) a third party that has entered into a long-term sublease with the owner of the sports team.C\n\nIf the Authority plans to use a Facility for the sole purpose of conducting athletic events involving a sports team, the Authority shall not issue bonds under this chapter until the league of which the sports team is a member publicly approves a proposal for the sports team to be located in a Hampton Roads locality.D\n\nThe provisions of this subsection shall not apply if the Authority plans to use a Facility also for the purpose of holding entertainment events and conferences.","order_by":null,"text":{"0":{"id":215346,"text":"If the Authority plans to use a Facility for the sole purpose of conducting athletic events involving a sports team, the Authority shall not enter into any contractual agreement with such sports team unless such contractual agreement requires that the sports team (i) not relocate until any bonds issued under this chapter are repaid or defeased and (ii) operate the Facility until any bonds issued under this chapter are repaid or defeased.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":215347,"text":"If the Authority plans to use a Facility for the sole purpose of conducting athletic events involving a sports team, the Authority shall not issue bonds under this chapter until it executes a long-term lease with (i) the owner of the sports team or (ii) a third party that has entered into a long-term sublease with the owner of the sports team.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":215348,"text":"If the Authority plans to use a Facility for the sole purpose of conducting athletic events involving a sports team, the Authority shall not issue bonds under this chapter until the league of which the sports team is a member publicly approves a proposal for the sports team to be located in a Hampton Roads locality.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":215349,"text":"The provisions of this subsection shall not apply if the Authority plans to use a Facility also for the purpose of holding entertainment events and conferences.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":13779,"edition_id":1,"name":"Hampton Roads Regional Arena Authority","identifier":"59.3","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:45:51","date_modified":"2026-06-26 03:45:51","permalink":{"id":159857,"object_type":"structure","relational_id":13779,"identifier":"59.3","token":"15.2\/IV\/59.3","url":"\/15.2\/IV\/59.3\/","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":76720,"structure_id":13779,"section_number":"15.2-5935","catch_line":"Definitions","url":"\/15.2-5935\/","token":"15.2\/IV\/59.3\/15.2-5935","metadata":false},{"id":54788,"structure_id":13779,"section_number":"15.2-5936","catch_line":"Creation of Authority","url":"\/15.2-5936\/","token":"15.2\/IV\/59.3\/15.2-5936","metadata":false},{"id":86580,"structure_id":13779,"section_number":"15.2-5937","catch_line":"Members of Authority; chairman; terms","url":"\/15.2-5937\/","token":"15.2\/IV\/59.3\/15.2-5937","metadata":false},{"id":87439,"structure_id":13779,"section_number":"15.2-5938","catch_line":"Quorum; actions of Authority; meetings","url":"\/15.2-5938\/","token":"15.2\/IV\/59.3\/15.2-5938","metadata":false},{"id":79518,"structure_id":13779,"section_number":"15.2-5939","catch_line":"Executive Director appointment; duties","url":"\/15.2-5939\/","token":"15.2\/IV\/59.3\/15.2-5939","metadata":false},{"id":78623,"structure_id":13779,"section_number":"15.2-5940","catch_line":"Participation in the Authority by a Hampton Roads locality","url":"\/15.2-5940\/","token":"15.2\/IV\/59.3\/15.2-5940","metadata":false},{"id":76327,"structure_id":13779,"section_number":"15.2-5941","catch_line":"Powers","url":"\/15.2-5941\/","token":"15.2\/IV\/59.3\/15.2-5941","metadata":false},{"id":55989,"structure_id":13779,"section_number":"15.2-5942","catch_line":"Public hearings; notice; reports","url":"\/15.2-5942\/","token":"15.2\/IV\/59.3\/15.2-5942","metadata":false},{"id":84893,"structure_id":13779,"section_number":"15.2-5943","catch_line":"Bond issues","url":"\/15.2-5943\/","token":"15.2\/IV\/59.3\/15.2-5943","metadata":false},{"id":58767,"structure_id":13779,"section_number":"15.2-5944","catch_line":"Restrictions related to sports teams","url":"\/15.2-5944\/","token":"15.2\/IV\/59.3\/15.2-5944","metadata":false},{"id":80000,"structure_id":13779,"section_number":"15.2-5945","catch_line":"Facility Financing Fund; use","url":"\/15.2-5945\/","token":"15.2\/IV\/59.3\/15.2-5945","metadata":false},{"id":56144,"structure_id":13779,"section_number":"15.2-5946","catch_line":"Entitlement to tax revenues derived from the operation of a Facility","url":"\/15.2-5946\/","token":"15.2\/IV\/59.3\/15.2-5946","metadata":false},{"id":55135,"structure_id":13779,"section_number":"15.2-5947","catch_line":"Sharing of revenue among participating localities","url":"\/15.2-5947\/","token":"15.2\/IV\/59.3\/15.2-5947","metadata":false},{"id":68848,"structure_id":13779,"section_number":"15.2-5948","catch_line":"Tax revenues of the Commonwealth or any other political subdivision not pledged","url":"\/15.2-5948\/","token":"15.2\/IV\/59.3\/15.2-5948","metadata":false},{"id":69311,"structure_id":13779,"section_number":"15.2-5949","catch_line":"Expiration of entitlement to certain sales tax revenues","url":"\/15.2-5949\/","token":"15.2\/IV\/59.3\/15.2-5949","metadata":false}],"previous_section":{"id":84893,"structure_id":13779,"section_number":"15.2-5943","catch_line":"Bond issues","url":"\/15.2-5943\/","token":"15.2\/IV\/59.3\/15.2-5943","metadata":false},"next_section":{"id":80000,"structure_id":13779,"section_number":"15.2-5945","catch_line":"Facility Financing Fund; use","url":"\/15.2-5945\/","token":"15.2\/IV\/59.3\/15.2-5945","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5944\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapters 538<\/a> and 539<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":159895,"object_type":"law","relational_id":58767,"identifier":"15.2-5944","token":"15.2\/IV\/59.3\/15.2-5944","url":"\/15.2-5944\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-5944\/","token":"15.2\/IV\/59.3\/15.2-5944","dublin_core":{"Title":"Restrictions related to sports teams","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5944","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> If the Authority<\/span> plans to use a Facility<\/span> for the sole purpose of conducting athletic events<\/span> involving a sports team<\/span>, the Authority<\/span> shall not enter into any contractual agreement with such sports team<\/span> unless such contractual agreement requires that the sports team<\/span> (i) not relocate until any bonds<\/span> issued under this chapter are repaid or defeased and (ii) operate the Facility<\/span> until any bonds<\/span> issued under this chapter are repaid or defeased. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the Authority<\/span> plans to use a Facility<\/span> for the sole purpose of conducting athletic events<\/span> involving a sports team<\/span>, the Authority<\/span> shall not issue<\/span> bonds<\/span> under this chapter until it executes a long-term lease with (i) the owner of the sports team<\/span> or (ii) a third party<\/span> that has entered into a long-term sublease with the owner of the sports team<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> If the Authority<\/span> plans to use a Facility<\/span> for the sole purpose of conducting athletic events<\/span> involving a sports team<\/span>, the Authority<\/span> shall not issue<\/span> bonds<\/span> under this chapter until the league of which the sports team<\/span> is a member publicly approves a proposal for the sports team<\/span> to be located in a Hampton Roads locality<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The provisions of this subsection shall not apply if the Authority<\/span> plans to use a Facility<\/span> also for the purpose of holding entertainment events and conferences. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRESTRICTIONS RELATED TO SPORTS TEAMS (\u00a7 15.2-5944)\n\nA. If the Authority plans to use a Facility for the sole purpose of conducting\nathletic events involving a sports team, the Authority shall not enter into any\ncontractual agreement with such sports team unless such contractual agreement\nrequires that the sports team (i) not relocate until any bonds issued under this\nchapter are repaid or defeased and (ii) operate the Facility until any bonds\nissued under this chapter are repaid or defeased.\n\nB. If the Authority plans to use a Facility for the sole purpose of conducting\nathletic events involving a sports team, the Authority shall not issue bonds\nunder this chapter until it executes a long-term lease with (i) the owner of the\nsports team or (ii) a third party that has entered into a long-term sublease\nwith the owner of the sports team.\n\nC. If the Authority plans to use a Facility for the sole purpose of conducting\nathletic events involving a sports team, the Authority shall not issue bonds\nunder this chapter until the league of which the sports team is a member\npublicly approves a proposal for the sports team to be located in a Hampton\nRoads locality.\n\nD. The provisions of this subsection shall not apply if the Authority plans to\nuse a Facility also for the purpose of holding entertainment events and\nconferences.\n\nHISTORY: 2020, cc. 538, 539.","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}}