{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-6002.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-6002.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-6002.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-6002.html"}],"law_id":84244,"edition_id":1,"section_id":84244,"structure_id":13834,"section_number":"15.2-6002","catch_line":"Purpose of Authority; performs governmental function","history":"1988, c. 833, \u00a7 15.1-1637; 1990, c. 341; 1992, c. 32; 1997, c. 587.","full_text":"The primary purpose of the Authority is to enhance the economic base for the seven county and one city coalfield region of Virginia (Lee, Wise, Scott, Buchanan, Russell, Tazewell and Dickenson Counties and the City of Norton).\n\t\tThe Authority shall provide financial support for the purchase of real estate, construction of buildings for sale or lease, installation of utilities, direct loans and grants to private for-profit basic employers; may apply for matching funds from the state or federal government, or the private sector; and any other support improvements it deems necessary, including flood control dams. All such loans and grants may be managed by the LENOWISCO and Cumberland Plateau Planning District Commissions in their respective service areas.\n\t\tThe exercise of the powers granted by this chapter shall be in all respects for the benefit of the inhabitants of the Commonwealth, particularly the aforesaid seven county and one city areas, for the increase of their commerce, and for the promotion of their safety, health, welfare, convenience and prosperity.","order_by":null,"text":{"0":{"id":301979,"text":"The primary purpose of the Authority is to enhance the economic base for the seven county and one city coalfield region of Virginia (Lee, Wise, Scott, Buchanan, Russell, Tazewell and Dickenson Counties and the City of Norton).\n\t\tThe Authority shall provide financial support for the purchase of real estate, construction of buildings for sale or lease, installation of utilities, direct loans and grants to private for-profit basic employers; may apply for matching funds from the state or federal government, or the private sector; and any other support improvements it deems necessary, including flood control dams. All such loans and grants may be managed by the LENOWISCO and Cumberland Plateau Planning District Commissions in their respective service areas.\n\t\tThe exercise of the powers granted by this chapter shall be in all respects for the benefit of the inhabitants of the Commonwealth, particularly the aforesaid seven county and one city areas, for the increase of their commerce, and for the promotion of their safety, health, welfare, convenience and prosperity.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13834,"edition_id":1,"name":"Virginia Coalfield Economic Development Authority","identifier":"60","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:46:01","date_modified":"2026-06-26 03:46:01","permalink":{"id":159919,"object_type":"structure","relational_id":13834,"identifier":"60","token":"15.2\/IV\/60","url":"\/15.2\/IV\/60\/","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":54848,"structure_id":13834,"section_number":"15.2-6000","catch_line":"Authority created; name","url":"\/15.2-6000\/","token":"15.2\/IV\/60\/15.2-6000","metadata":false},{"id":63488,"structure_id":13834,"section_number":"15.2-6001","catch_line":"Findings of fact","url":"\/15.2-6001\/","token":"15.2\/IV\/60\/15.2-6001","metadata":false},{"id":84244,"structure_id":13834,"section_number":"15.2-6002","catch_line":"Purpose of Authority; performs governmental function","url":"\/15.2-6002\/","token":"15.2\/IV\/60\/15.2-6002","metadata":false},{"id":83126,"structure_id":13834,"section_number":"15.2-6003","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6003\/","token":"15.2\/IV\/60\/15.2-6003","metadata":false},{"id":55406,"structure_id":13834,"section_number":"15.2-6004","catch_line":"Office of Authority; title to property","url":"\/15.2-6004\/","token":"15.2\/IV\/60\/15.2-6004","metadata":false},{"id":65006,"structure_id":13834,"section_number":"15.2-6005","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6005\/","token":"15.2\/IV\/60\/15.2-6005","metadata":false},{"id":57022,"structure_id":13834,"section_number":"15.2-6006","catch_line":"Further powers","url":"\/15.2-6006\/","token":"15.2\/IV\/60\/15.2-6006","metadata":false},{"id":77439,"structure_id":13834,"section_number":"15.2-6007","catch_line":"Acceptance of funds, property and grants or loans","url":"\/15.2-6007\/","token":"15.2\/IV\/60\/15.2-6007","metadata":false},{"id":82854,"structure_id":13834,"section_number":"15.2-6008","catch_line":"Forms of accounts and records; audit of same","url":"\/15.2-6008\/","token":"15.2\/IV\/60\/15.2-6008","metadata":false},{"id":56046,"structure_id":13834,"section_number":"15.2-6009","catch_line":"Capitalization of Authority","url":"\/15.2-6009\/","token":"15.2\/IV\/60\/15.2-6009","metadata":false},{"id":73901,"structure_id":13834,"section_number":"15.2-6010","catch_line":"Proceeds held","url":"\/15.2-6010\/","token":"15.2\/IV\/60\/15.2-6010","metadata":false},{"id":59956,"structure_id":13834,"section_number":"15.2-6011","catch_line":"Eligible use of funds","url":"\/15.2-6011\/","token":"15.2\/IV\/60\/15.2-6011","metadata":false},{"id":69810,"structure_id":13834,"section_number":"15.2-6012","catch_line":"Dissolution of Authority","url":"\/15.2-6012\/","token":"15.2\/IV\/60\/15.2-6012","metadata":false},{"id":81445,"structure_id":13834,"section_number":"15.2-6013","catch_line":"Chapter liberally construed","url":"\/15.2-6013\/","token":"15.2\/IV\/60\/15.2-6013","metadata":false},{"id":60947,"structure_id":13834,"section_number":"15.2-6014","catch_line":"Inconsistent laws inapplicable","url":"\/15.2-6014\/","token":"15.2\/IV\/60\/15.2-6014","metadata":false},{"id":78512,"structure_id":13834,"section_number":"15.2-6015","catch_line":"City of Norton deemed contributing jurisdiction of Wise County","url":"\/15.2-6015\/","token":"15.2\/IV\/60\/15.2-6015","metadata":false}],"previous_section":{"id":63488,"structure_id":13834,"section_number":"15.2-6001","catch_line":"Findings of fact","url":"\/15.2-6001\/","token":"15.2\/IV\/60\/15.2-6001","metadata":false},"next_section":{"id":83126,"structure_id":13834,"section_number":"15.2-6003","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6003\/","token":"15.2\/IV\/60\/15.2-6003","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6002\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 833 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 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 3 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 1990, chapter 341; in 1992, chapter 32; in 1997, chapter 587<\/a>.<\/p>","references":[{"id":85772,"section_number":"56-265.1","catch_line":"Definitions","order_by":null,"url":"\/56-265.1\/"},{"id":67687,"section_number":"56-585.1","catch_line":"Generation, distribution, and transmission rates after capped rates terminate or expire","order_by":null,"url":"\/56-585.1\/"}],"refers_to":false,"permalink":{"id":159929,"object_type":"law","relational_id":84244,"identifier":"15.2-6002","token":"15.2\/IV\/60\/15.2-6002","url":"\/15.2-6002\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-6002\/","token":"15.2\/IV\/60\/15.2-6002","dublin_core":{"Title":"Purpose of Authority; performs governmental function","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6002","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The primary purpose of the Authority is to enhance the economic base for the seven county<\/span> and one city<\/span> coalfield region of Virginia (Lee, Wise, Scott, Buchanan, Russell, Tazewell and Dickenson Counties and the City<\/span> of Norton).\n\t\tThe Authority shall provide financial support for the purchase of real estate, construction of buildings for sale or lease, installation of utilities, direct loans and grants to private for-profit basic employers; may apply for matching funds from the state or federal government, or the private sector; and any other support improvements it deems necessary, including flood control dams. All such loans and grants may be managed by the LENOWISCO and Cumberland Plateau Planning District Commissions in their respective service areas.\n\t\tThe exercise of the powers granted by this chapter shall be in all respects for the benefit of the inhabitants of the Commonwealth, particularly the aforesaid seven county<\/span> and one city<\/span> areas, for the increase of their commerce, and for the promotion of their safety, health, welfare, convenience and prosperity.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPURPOSE OF AUTHORITY; PERFORMS GOVERNMENTAL FUNCTION (\u00a7 15.2-6002)\n\nThe primary purpose of the Authority is to enhance the economic base for the\nseven county and one city coalfield region of Virginia (Lee, Wise, Scott,\nBuchanan, Russell, Tazewell and Dickenson Counties and the City of Norton).\n\t\tThe Authority shall provide financial support for the purchase of real estate,\nconstruction of buildings for sale or lease, installation of utilities, direct\nloans and grants to private for-profit basic employers; may apply for matching\nfunds from the state or federal government, or the private sector; and any other\nsupport improvements it deems necessary, including flood control dams. All such\nloans and grants may be managed by the LENOWISCO and Cumberland Plateau Planning\nDistrict Commissions in their respective service areas.\n\t\tThe exercise of the powers granted by this chapter shall be in all respects\nfor the benefit of the inhabitants of the Commonwealth, particularly the\naforesaid seven county and one city areas, for the increase of their commerce,\nand for the promotion of their safety, health, welfare, convenience and\nprosperity.\n\nHISTORY: 1988, c. 833, \u00a7 15.1-1637; 1990, c. 341; 1992, c. 32; 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}}