{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-6202.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-6202.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-6202.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-6202.html"}],"law_id":85166,"edition_id":1,"section_id":85166,"structure_id":12928,"section_number":"15.2-6202","catch_line":"Duties of Authority; governmental functions","history":"1993, c. 982, \u00a7 15.1-1663; 1997, c. 587; 2006, c. 861.","full_text":"A\n\nThe Authority shall provide financial support (i) for the purchase of real estate, construction of buildings for sale or lease, installation of utilities and any other support improvements it deems necessary, including flood control dams, and (ii) for direct loans and grants to private for-profit basic employers. The Authority shall also apply for matching funds from the state or federal government, or the private sector. All such loans and grants may be managed by the Fifth Planning District Commission.B\n\nThe exercise of the powers granted by this chapter shall be in all respects for the benefit of the inhabitants of the Commonwealth, particularly the County of Alleghany and the Town of Clifton Forge; for the increase of their commerce; and for the promotion of their safety, health, welfare, convenience and prosperity.C\n\nFor purposes of this chapter, &#8220;Alleghany-Highlands Region&#8221; includes the County of Alleghany and the Town of Clifton Forge.","order_by":null,"text":{"0":{"id":305170,"text":"The Authority shall provide financial support (i) for the purchase of real estate, construction of buildings for sale or lease, installation of utilities and any other support improvements it deems necessary, including flood control dams, and (ii) for direct loans and grants to private for-profit basic employers. The Authority shall also apply for matching funds from the state or federal government, or the private sector. All such loans and grants may be managed by the Fifth Planning District Commission.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":305171,"text":"The exercise of the powers granted by this chapter shall be in all respects for the benefit of the inhabitants of the Commonwealth, particularly the County of Alleghany and the Town of Clifton Forge; for the increase of their commerce; and for the promotion of their safety, health, welfare, convenience and prosperity.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":305172,"text":"For purposes of this chapter, &#8220;Alleghany-Highlands Region&#8221; includes the County of Alleghany and the Town of Clifton Forge.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":12928,"edition_id":1,"name":"Alleghany Highlands Economic Development Authority","identifier":"62","label":"chapter","depth":3,"order_by":1,"parent_id":12721,"metadata":{},"date_created":"2026-06-26 03:44:02","date_modified":"2026-06-26 03:44:02","permalink":{"id":160055,"object_type":"structure","relational_id":12928,"identifier":"62","token":"15.2\/IV\/62","url":"\/15.2\/IV\/62\/","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":55938,"structure_id":12928,"section_number":"15.2-6200","catch_line":"Authority created; name","url":"\/15.2-6200\/","token":"15.2\/IV\/62\/15.2-6200","metadata":false},{"id":54442,"structure_id":12928,"section_number":"15.2-6201","catch_line":"Findings of fact","url":"\/15.2-6201\/","token":"15.2\/IV\/62\/15.2-6201","metadata":false},{"id":85166,"structure_id":12928,"section_number":"15.2-6202","catch_line":"Duties of Authority; governmental functions","url":"\/15.2-6202\/","token":"15.2\/IV\/62\/15.2-6202","metadata":false},{"id":67251,"structure_id":12928,"section_number":"15.2-6203","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6203\/","token":"15.2\/IV\/62\/15.2-6203","metadata":false},{"id":54034,"structure_id":12928,"section_number":"15.2-6204","catch_line":"Office of Authority; title to property","url":"\/15.2-6204\/","token":"15.2\/IV\/62\/15.2-6204","metadata":false},{"id":61534,"structure_id":12928,"section_number":"15.2-6205","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6205\/","token":"15.2\/IV\/62\/15.2-6205","metadata":false},{"id":56992,"structure_id":12928,"section_number":"15.2-6206","catch_line":"Further powers","url":"\/15.2-6206\/","token":"15.2\/IV\/62\/15.2-6206","metadata":false},{"id":75713,"structure_id":12928,"section_number":"15.2-6207","catch_line":"Acceptance of funds, property, grants, or loans","url":"\/15.2-6207\/","token":"15.2\/IV\/62\/15.2-6207","metadata":false},{"id":61231,"structure_id":12928,"section_number":"15.2-6208","catch_line":"Eligible use of funds","url":"\/15.2-6208\/","token":"15.2\/IV\/62\/15.2-6208","metadata":false},{"id":76017,"structure_id":12928,"section_number":"15.2-6209","catch_line":"Capitalization of Authority","url":"\/15.2-6209\/","token":"15.2\/IV\/62\/15.2-6209","metadata":false},{"id":60900,"structure_id":12928,"section_number":"15.2-6210","catch_line":"Proceeds held","url":"\/15.2-6210\/","token":"15.2\/IV\/62\/15.2-6210","metadata":false},{"id":65514,"structure_id":12928,"section_number":"15.2-6211","catch_line":"Forms of accounts and records; audit of same","url":"\/15.2-6211\/","token":"15.2\/IV\/62\/15.2-6211","metadata":false},{"id":81137,"structure_id":12928,"section_number":"15.2-6212","catch_line":"Dissolution of Authority","url":"\/15.2-6212\/","token":"15.2\/IV\/62\/15.2-6212","metadata":false},{"id":64108,"structure_id":12928,"section_number":"15.2-6213","catch_line":"Chapter liberally construed","url":"\/15.2-6213\/","token":"15.2\/IV\/62\/15.2-6213","metadata":false},{"id":75365,"structure_id":12928,"section_number":"15.2-6214","catch_line":"Revenue sharing agreements","url":"\/15.2-6214\/","token":"15.2\/IV\/62\/15.2-6214","metadata":false}],"previous_section":{"id":54442,"structure_id":12928,"section_number":"15.2-6201","catch_line":"Findings of fact","url":"\/15.2-6201\/","token":"15.2\/IV\/62\/15.2-6201","metadata":false},"next_section":{"id":67251,"structure_id":12928,"section_number":"15.2-6203","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6203\/","token":"15.2\/IV\/62\/15.2-6203","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6202\/","history_text":"<p>This law was first created in 1993. The record of its establishment is cataloged in chapter 982 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 1993 \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 1997, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?971+ful+CHAP0587\">587<\/a>; in 2006, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?061+ful+CHAP0861\">861<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":160065,"object_type":"law","relational_id":85166,"identifier":"15.2-6202","token":"15.2\/IV\/62\/15.2-6202","url":"\/15.2-6202\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-6202\/","token":"15.2\/IV\/62\/15.2-6202","dublin_core":{"Title":"Duties of Authority; governmental functions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6202","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> The Authority shall provide financial support (i) for the purchase of real estate, construction of buildings for sale or lease, installation of utilities and any other support improvements it deems necessary, including flood control dams, and (ii) for direct loans and grants to private for-profit basic employers. The Authority shall also apply for matching funds from the state or federal government, or the private sector. All such loans and grants may be managed by the Fifth Planning District Commission. <a id=\"paragraph-305170\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-6202\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The exercise of the powers granted by this chapter shall be in all respects for the benefit of the inhabitants of the Commonwealth, particularly the <span class=\"dictionary\">County<\/span> of Alleghany and the <span class=\"dictionary\">Town<\/span> of Clifton Forge; for the increase of their commerce; and for the promotion of their safety, health, welfare, convenience and prosperity. <a id=\"paragraph-305171\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-6202\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> For purposes of this chapter, &#8220;<span class=\"dictionary\">Alleghany-Highlands Region<\/span>&#8221; includes the <span class=\"dictionary\">County<\/span> of Alleghany and the <span class=\"dictionary\">Town<\/span> of Clifton Forge. <a id=\"paragraph-305172\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-6202\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDUTIES OF AUTHORITY; GOVERNMENTAL FUNCTIONS (\u00a7 15.2-6202)\n\nA. The Authority shall provide financial support (i) for the purchase of real\nestate, construction of buildings for sale or lease, installation of utilities\nand any other support improvements it deems necessary, including flood control\ndams, and (ii) for direct loans and grants to private for-profit basic\nemployers. The Authority shall also apply for matching funds from the state or\nfederal government, or the private sector. All such loans and grants may be\nmanaged by the Fifth Planning District Commission.\n\nB. The exercise of the powers granted by this chapter shall be in all respects\nfor the benefit of the inhabitants of the Commonwealth, particularly the County\nof Alleghany and the Town of Clifton Forge; for the increase of their commerce;\nand for the promotion of their safety, health, welfare, convenience and\nprosperity.\n\nC. For purposes of this chapter, &#8220;Alleghany-Highlands Region&#8221;\nincludes the County of Alleghany and the Town of Clifton Forge.\n\nHISTORY: 1993, c. 982, \u00a7 15.1-1663; 1997, c. 587; 2006, c. 861.","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}}