{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-6010.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-6010.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-6010.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-6010.html"}],"law_id":73901,"edition_id":1,"section_id":73901,"structure_id":13834,"section_number":"15.2-6010","catch_line":"Proceeds held","history":"1988, c. 833, \u00a7 15.1-1645; 1990, c. 341; 1997, c. 587.","full_text":"The treasurer may invest and reinvest funds of the Authority pending their need. All moneys received by the Authority pursuant to \u00a7 15.2-6009, together with any matching funds received from state or federal sources, shall be applied and used only in the county or city from which the funds were received, unless the governing body of the county or city consents to their use in another county or city.\n\t\tMoneys received pursuant to \u00a7 58.1-3713.4 may be used at the discretion of the Authority for purposes and projects as determined by the Authority.","order_by":null,"text":{"0":{"id":265758,"text":"The treasurer may invest and reinvest funds of the Authority pending their need. All moneys received by the Authority pursuant to \u00a7 15.2-6009, together with any matching funds received from state or federal sources, shall be applied and used only in the county or city from which the funds were received, unless the governing body of the county or city consents to their use in another county or city.\n\t\tMoneys received pursuant to \u00a7 58.1-3713.4 may be used at the discretion of the Authority for purposes and projects as determined by the Authority.","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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6010\/","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 2 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 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":[{"id":56046,"section_number":"15.2-6009","catch_line":"Capitalization of Authority","order_by":null,"url":"\/15.2-6009\/"},{"id":71813,"section_number":"58.1-3713.4","catch_line":"Additional one percent tax on gas","order_by":null,"url":"\/58.1-3713.4\/"}],"permalink":{"id":159961,"object_type":"law","relational_id":73901,"identifier":"15.2-6010","token":"15.2\/IV\/60\/15.2-6010","url":"\/15.2-6010\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-6010\/","token":"15.2\/IV\/60\/15.2-6010","dublin_core":{"Title":"Proceeds held","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6010","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The treasurer may invest and reinvest funds of the Authority pending their need. All moneys received by the Authority pursuant to \u00a7 15.2-6009<\/a>, together with any matching funds received from state or federal sources, shall be applied and used only in the county<\/span> or city<\/span> from which the funds were received, unless the governing body<\/span> of the county<\/span> or city<\/span> consents to their use in another county<\/span> or city<\/span>.\n\t\tMoneys received pursuant to \u00a7 58.1-3713.4<\/a> may be used at the discretion of the Authority for purposes and projects as determined by the Authority.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPROCEEDS HELD (\u00a7 15.2-6010)\n\nThe treasurer may invest and reinvest funds of the Authority pending their need.\nAll moneys received by the Authority pursuant to \u00a7 15.2-6009, together with any\nmatching funds received from state or federal sources, shall be applied and used\nonly in the county or city from which the funds were received, unless the\ngoverning body of the county or city consents to their use in another county or\ncity.\n\t\tMoneys received pursuant to \u00a7 58.1-3713.4 may be used at the discretion of\nthe Authority for purposes and projects as determined by the Authority.\n\nHISTORY: 1988, c. 833, \u00a7 15.1-1645; 1990, c. 341; 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}}