{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-2211.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-2211.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-2211.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-2211.html"}],"law_id":77189,"edition_id":1,"section_id":77189,"structure_id":14146,"section_number":"33.2-2211","catch_line":"Revenues","history":"1956, c. 714; 2014, c. 805.","full_text":"The Commission is hereby authorized to fix, revise, charge, and collect tolls for the use of the project, and to contract with any person, partnership, association, or corporation desiring the use thereof, and to fix the terms, conditions, rents, and rates of charges for such use.\n\t\tSuch tolls shall be so fixed and adjusted in respect of the aggregate of tolls from the project in connection with which the bonds of any issue have been issued under the provisions of this chapter as to provide a fund sufficient with other revenues, if any, to pay (i) the cost of maintaining, repairing, and operating the project and (ii) the principal of and the interest on such bonds as the same become due and payable, and to create reserves for such purposes. Such tolls shall not be subject to supervision or regulation by any other commission, board, bureau, or agency of the Commonwealth. The tolls and all other revenues derived from the project in connection with which the bonds of any issue have been issued, except such part thereof as may be necessary to pay such cost of maintenance, repair, and operation and to provide such reserves therefor as may be provided for in the resolution authorizing the issuance of such bonds or in the trust indenture securing the same, shall be set aside at such regular intervals as may be provided in such resolution or such trust indenture in a sinking fund that is hereby pledged to, and charged with, the payment of the principal of and the interest on such bonds as the same become due, and the redemption price or the purchase price of bonds retired by call or purchase as therein provided. Such pledge shall be valid and binding from the time when the pledge is made; the tolls or other revenues or other moneys so pledged and thereafter received by the Commission shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the Commission, irrespective of whether such parties have notice thereof. Neither the resolution nor any trust indenture by which a pledge is created need be filed or recorded except in the records of the Commission. The use and disposition of moneys to the credit of such sinking fund shall be subject to the provisions of the resolution authorizing the issuance of such bonds or of such trust indenture. Except as may otherwise be provided in such resolution or such trust indenture, such sinking fund shall be a fund for all such bonds without distinction or priority of one over another.","order_by":null,"text":{"0":{"id":276901,"text":"The Commission is hereby authorized to fix, revise, charge, and collect tolls for the use of the project, and to contract with any person, partnership, association, or corporation desiring the use thereof, and to fix the terms, conditions, rents, and rates of charges for such use.\n\t\tSuch tolls shall be so fixed and adjusted in respect of the aggregate of tolls from the project in connection with which the bonds of any issue have been issued under the provisions of this chapter as to provide a fund sufficient with other revenues, if any, to pay (i) the cost of maintaining, repairing, and operating the project and (ii) the principal of and the interest on such bonds as the same become due and payable, and to create reserves for such purposes. Such tolls shall not be subject to supervision or regulation by any other commission, board, bureau, or agency of the Commonwealth. The tolls and all other revenues derived from the project in connection with which the bonds of any issue have been issued, except such part thereof as may be necessary to pay such cost of maintenance, repair, and operation and to provide such reserves therefor as may be provided for in the resolution authorizing the issuance of such bonds or in the trust indenture securing the same, shall be set aside at such regular intervals as may be provided in such resolution or such trust indenture in a sinking fund that is hereby pledged to, and charged with, the payment of the principal of and the interest on such bonds as the same become due, and the redemption price or the purchase price of bonds retired by call or purchase as therein provided. Such pledge shall be valid and binding from the time when the pledge is made; the tolls or other revenues or other moneys so pledged and thereafter received by the Commission shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the Commission, irrespective of whether such parties have notice thereof. Neither the resolution nor any trust indenture by which a pledge is created need be filed or recorded except in the records of the Commission. The use and disposition of moneys to the credit of such sinking fund shall be subject to the provisions of the resolution authorizing the issuance of such bonds or of such trust indenture. Except as may otherwise be provided in such resolution or such trust indenture, such sinking fund shall be a fund for all such bonds without distinction or priority of one over another.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14146,"edition_id":1,"name":"Chesapeake Bay Bridge and Tunnel District and Commission","identifier":"22","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 03:47:02","date_modified":"2026-06-26 03:47:02","permalink":{"id":207253,"object_type":"structure","relational_id":14146,"identifier":"22","token":"33.2\/IV\/22","url":"\/33.2\/IV\/22\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12807,"edition_id":1,"name":"Local and Regional Transportation","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":206943,"object_type":"structure","relational_id":12807,"identifier":"IV","token":"33.2\/IV","url":"\/33.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":64389,"structure_id":14146,"section_number":"33.2-2200","catch_line":"Definitions","url":"\/33.2-2200\/","token":"33.2\/IV\/22\/33.2-2200","metadata":false},{"id":62098,"structure_id":14146,"section_number":"33.2-2201","catch_line":"Chesapeake Bay Bridge and Tunnel District","url":"\/33.2-2201\/","token":"33.2\/IV\/22\/33.2-2201","metadata":false},{"id":62080,"structure_id":14146,"section_number":"33.2-2202","catch_line":"Chesapeake Bay Bridge and Tunnel Commission","url":"\/33.2-2202\/","token":"33.2\/IV\/22\/33.2-2202","metadata":false},{"id":62956,"structure_id":14146,"section_number":"33.2-2203","catch_line":"General powers of the Commission","url":"\/33.2-2203\/","token":"33.2\/IV\/22\/33.2-2203","metadata":false},{"id":80729,"structure_id":14146,"section_number":"33.2-2204","catch_line":"Additional powers of the Commission","url":"\/33.2-2204\/","token":"33.2\/IV\/22\/33.2-2204","metadata":false},{"id":55300,"structure_id":14146,"section_number":"33.2-2205","catch_line":"Regulations of the Commission; enforcement","url":"\/33.2-2205\/","token":"33.2\/IV\/22\/33.2-2205","metadata":false},{"id":67672,"structure_id":14146,"section_number":"33.2-2206","catch_line":"Acquisition of property","url":"\/33.2-2206\/","token":"33.2\/IV\/22\/33.2-2206","metadata":false},{"id":70320,"structure_id":14146,"section_number":"33.2-2207","catch_line":"Consent of Commonwealth to use subaqueous soil of the Chesapeake Bay","url":"\/33.2-2207\/","token":"33.2\/IV\/22\/33.2-2207","metadata":false},{"id":82469,"structure_id":14146,"section_number":"33.2-2208","catch_line":"Revenue bonds","url":"\/33.2-2208\/","token":"33.2\/IV\/22\/33.2-2208","metadata":false},{"id":81031,"structure_id":14146,"section_number":"33.2-2209","catch_line":"Bonds not to constitute a debt or pledge of taxing power","url":"\/33.2-2209\/","token":"33.2\/IV\/22\/33.2-2209","metadata":false},{"id":75477,"structure_id":14146,"section_number":"33.2-2210","catch_line":"Trust indenture","url":"\/33.2-2210\/","token":"33.2\/IV\/22\/33.2-2210","metadata":false},{"id":77189,"structure_id":14146,"section_number":"33.2-2211","catch_line":"Revenues","url":"\/33.2-2211\/","token":"33.2\/IV\/22\/33.2-2211","metadata":false},{"id":67033,"structure_id":14146,"section_number":"33.2-2212","catch_line":"Cessation of tolls","url":"\/33.2-2212\/","token":"33.2\/IV\/22\/33.2-2212","metadata":false},{"id":63797,"structure_id":14146,"section_number":"33.2-2213","catch_line":"Transfer to Commonwealth","url":"\/33.2-2213\/","token":"33.2\/IV\/22\/33.2-2213","metadata":false},{"id":59579,"structure_id":14146,"section_number":"33.2-2214","catch_line":"Trust funds","url":"\/33.2-2214\/","token":"33.2\/IV\/22\/33.2-2214","metadata":false},{"id":68200,"structure_id":14146,"section_number":"33.2-2215","catch_line":"Remedies","url":"\/33.2-2215\/","token":"33.2\/IV\/22\/33.2-2215","metadata":false},{"id":77092,"structure_id":14146,"section_number":"33.2-2216","catch_line":"Governmental function; exemption from taxation","url":"\/33.2-2216\/","token":"33.2\/IV\/22\/33.2-2216","metadata":false},{"id":61127,"structure_id":14146,"section_number":"33.2-2217","catch_line":"Repealed","url":"\/33.2-2217\/","token":"33.2\/IV\/22\/33.2-2217","metadata":false},{"id":74809,"structure_id":14146,"section_number":"33.2-2218","catch_line":"Bonds eligible for investment","url":"\/33.2-2218\/","token":"33.2\/IV\/22\/33.2-2218","metadata":false},{"id":66504,"structure_id":14146,"section_number":"33.2-2219","catch_line":"Protection from competition","url":"\/33.2-2219\/","token":"33.2\/IV\/22\/33.2-2219","metadata":false},{"id":78912,"structure_id":14146,"section_number":"33.2-2220","catch_line":"Miscellaneous; penalties","url":"\/33.2-2220\/","token":"33.2\/IV\/22\/33.2-2220","metadata":false},{"id":82911,"structure_id":14146,"section_number":"33.2-2221","catch_line":"Liberal construction","url":"\/33.2-2221\/","token":"33.2\/IV\/22\/33.2-2221","metadata":false},{"id":69051,"structure_id":14146,"section_number":"33.2-2222","catch_line":"Repealed","url":"\/33.2-2222\/","token":"33.2\/IV\/22\/33.2-2222","metadata":false}],"previous_section":{"id":75477,"structure_id":14146,"section_number":"33.2-2210","catch_line":"Trust indenture","url":"\/33.2-2210\/","token":"33.2\/IV\/22\/33.2-2210","metadata":false},"next_section":{"id":67033,"structure_id":14146,"section_number":"33.2-2212","catch_line":"Cessation of tolls","url":"\/33.2-2212\/","token":"33.2\/IV\/22\/33.2-2212","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-2211\/","history_text":"

This law was first created in 1956. The record of its establishment is cataloged in chapter 714 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 1956 \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 2014, chapter 805<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":207299,"object_type":"law","relational_id":77189,"identifier":"33.2-2211","token":"33.2\/IV\/22\/33.2-2211","url":"\/33.2-2211\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-2211\/","token":"33.2\/IV\/22\/33.2-2211","dublin_core":{"Title":"Revenues","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-2211","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Commission<\/span> is hereby authorized to fix, revise, charge, and collect tolls for the use of the project<\/span>, and to contract<\/span> with any person, partnership, association, or corporation desiring the use thereof, and to fix the terms, conditions, rents, and rates of charges for such use.\n\t\tSuch tolls shall be so fixed and adjusted in respect of the aggregate of tolls from the project<\/span> in connection with which the bonds<\/span><\/span> of any issue<\/span> have been issued under the provisions of this chapter as to provide a fund sufficient with other revenues, if any, to pay (i) the cost of maintaining, repairing, and operating the project<\/span> and (ii) the principal of and the interest on such bonds<\/span><\/span> as the same become due and payable, and to create reserves for such purposes. Such tolls shall not be subject to supervision or regulation by any other commission<\/span>, board<\/span>, bureau, or agency of the Commonwealth. The tolls and all other revenues derived from the project<\/span> in connection with which the bonds<\/span><\/span> of any issue<\/span> have been issued, except such part thereof as may be necessary to pay such cost of maintenance<\/span>, repair, and operation and to provide such reserves therefor as may be provided for in the resolution authorizing the issuance of such bonds<\/span><\/span> or in the trust indenture securing the same, shall be set aside at such regular intervals as may be provided in such resolution or such trust indenture in a sinking fund that is hereby pledged to, and charged with, the payment of the principal of and the interest on such bonds<\/span><\/span> as the same become due, and the redemption<\/span> price or the purchase price of bonds<\/span><\/span> retired by call or purchase as therein provided. Such pledge shall be valid and binding from the time when the pledge is made; the tolls or other revenues or other moneys so pledged and thereafter received by the Commission<\/span> shall immediately be subject to the lien<\/span> of such pledge without any physical delivery thereof or further act, and the lien<\/span> of any such pledge shall be valid and binding as against all parties having claims of any kind in tort<\/span>, contract<\/span>, or otherwise against the Commission<\/span>, irrespective of whether such parties have notice thereof. Neither the resolution nor any trust indenture by which a pledge is created need be filed or recorded except in the records of the Commission<\/span>. The use and disposition<\/span> of moneys to the credit of such sinking fund shall be subject to the provisions of the resolution authorizing the issuance of such bonds<\/span><\/span> or of such trust indenture. Except as may otherwise be provided in such resolution or such trust indenture, such sinking fund shall be a fund for all such bonds<\/span><\/span> without distinction or priority of one over another.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREVENUES (\u00a7 33.2-2211)\n\nThe Commission is hereby authorized to fix, revise, charge, and collect tolls\nfor the use of the project, and to contract with any person, partnership,\nassociation, or corporation desiring the use thereof, and to fix the terms,\nconditions, rents, and rates of charges for such use.\n\t\tSuch tolls shall be so fixed and adjusted in respect of the aggregate of tolls\nfrom the project in connection with which the bonds of any issue have been\nissued under the provisions of this chapter as to provide a fund sufficient with\nother revenues, if any, to pay (i) the cost of maintaining, repairing, and\noperating the project and (ii) the principal of and the interest on such bonds\nas the same become due and payable, and to create reserves for such purposes.\nSuch tolls shall not be subject to supervision or regulation by any other\ncommission, board, bureau, or agency of the Commonwealth. The tolls and all\nother revenues derived from the project in connection with which the bonds of\nany issue have been issued, except such part thereof as may be necessary to pay\nsuch cost of maintenance, repair, and operation and to provide such reserves\ntherefor as may be provided for in the resolution authorizing the issuance of\nsuch bonds or in the trust indenture securing the same, shall be set aside at\nsuch regular intervals as may be provided in such resolution or such trust\nindenture in a sinking fund that is hereby pledged to, and charged with, the\npayment of the principal of and the interest on such bonds as the same become\ndue, and the redemption price or the purchase price of bonds retired by call or\npurchase as therein provided. Such pledge shall be valid and binding from the\ntime when the pledge is made; the tolls or other revenues or other moneys so\npledged and thereafter received by the Commission shall immediately be subject\nto the lien of such pledge without any physical delivery thereof or further act,\nand the lien of any such pledge shall be valid and binding as against all\nparties having claims of any kind in tort, contract, or otherwise against the\nCommission, irrespective of whether such parties have notice thereof. Neither\nthe resolution nor any trust indenture by which a pledge is created need be\nfiled or recorded except in the records of the Commission. The use and\ndisposition of moneys to the credit of such sinking fund shall be subject to the\nprovisions of the resolution authorizing the issuance of such bonds or of such\ntrust indenture. Except as may otherwise be provided in such resolution or such\ntrust indenture, such sinking fund shall be a fund for all such bonds without\ndistinction or priority of one over another.\n\nHISTORY: 1956, c. 714; 2014, c. 805.","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}}