{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-296.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-296.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-296.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-296.html"}],"law_id":76260,"edition_id":1,"section_id":76260,"structure_id":14957,"section_number":"33.2-296","catch_line":"Revenues of the Authority","history":"2020, cc. 1230, 1275.","full_text":"All moneys received by the Authority pursuant to this article including, without limitation, moneys received from the Commonwealth Rail Fund established pursuant to \u00a7 33.2-1526.4, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this article. The resolution authorizing the bonds of any issue or the trust indenture or agreement or resolution securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as a trustee of such moneys and shall hold and apply the same for the purposes hereof, subject to such regulations as this article and such trust indenture or agreement or resolution may provide.","order_by":null,"text":{"0":{"id":273788,"text":"All moneys received by the Authority pursuant to this article including, without limitation, moneys received from the Commonwealth Rail Fund established pursuant to \u00a7 33.2-1526.4, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this article. The resolution authorizing the bonds of any issue or the trust indenture or agreement or resolution securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as a trustee of such moneys and shall hold and apply the same for the purposes hereof, subject to such regulations as this article and such trust indenture or agreement or resolution may provide.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14957,"edition_id":1,"name":"Virginia Passenger Rail Authority Act","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13136,"metadata":{},"date_created":"2026-06-26 03:51:05","date_modified":"2026-06-26 03:51:05","permalink":{"id":205283,"object_type":"structure","relational_id":14957,"identifier":"6","token":"33.2\/I\/2\/6","url":"\/33.2\/I\/2\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13136,"edition_id":1,"name":"Transportation Entities","identifier":"2","label":"chapter","depth":3,"order_by":1,"parent_id":13135,"metadata":{},"date_created":"2026-06-26 03:44:20","date_modified":"2026-06-26 03:44:20","permalink":{"id":204875,"object_type":"structure","relational_id":13136,"identifier":"2","token":"33.2\/I\/2","url":"\/33.2\/I\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13135,"edition_id":1,"name":"General Provisions and Transportation Entities","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:44:20","date_modified":"2026-06-26 03:44:20","permalink":{"id":204787,"object_type":"structure","relational_id":13135,"identifier":"I","token":"33.2\/I","url":"\/33.2\/I\/","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":65292,"structure_id":14957,"section_number":"33.2-287","catch_line":"Definitions","url":"\/33.2-287\/","token":"33.2\/I\/2\/6\/33.2-287","metadata":false},{"id":83123,"structure_id":14957,"section_number":"33.2-288","catch_line":"Declaration of public purpose; 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proprietary records and trade secrets","url":"\/33.2-299.7\/","token":"33.2\/I\/2\/6\/33.2-299.7","metadata":false},{"id":75391,"structure_id":14957,"section_number":"33.2-299.8","catch_line":"Liberal construction","url":"\/33.2-299.8\/","token":"33.2\/I\/2\/6\/33.2-299.8","metadata":false}],"previous_section":{"id":82882,"structure_id":14957,"section_number":"33.2-295","catch_line":"Deposit and investment of funds","url":"\/33.2-295\/","token":"33.2\/I\/2\/6\/33.2-295","metadata":false},"next_section":{"id":77741,"structure_id":14957,"section_number":"33.2-297","catch_line":"Moneys of Authority","url":"\/33.2-297\/","token":"33.2\/I\/2\/6\/33.2-297","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-296\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapters 1230<\/a> and 1275<\/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":[{"id":75211,"section_number":"33.2-1526.4","catch_line":"Commonwealth Rail Fund","order_by":null,"url":"\/33.2-1526.4\/"}],"permalink":{"id":205321,"object_type":"law","relational_id":76260,"identifier":"33.2-296","token":"33.2\/I\/2\/6\/33.2-296","url":"\/33.2-296\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-296\/","token":"33.2\/I\/2\/6\/33.2-296","dublin_core":{"Title":"Revenues of the Authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-296","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

All moneys received by the Authority<\/span> pursuant to this article including, without limitation, moneys received from the Commonwealth Rail Fund established pursuant to \u00a7 33.2-1526.4<\/a>, whether as proceeds from the sale of bonds<\/span><\/span> or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this article. The resolution authorizing the bonds<\/span><\/span> of any issue<\/span> or the trust indenture or agreement or resolution securing such bonds<\/span><\/span> shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as a trustee of such moneys and shall hold and apply the same for the purposes hereof, subject to such regulations as this article and such trust indenture or agreement or resolution may provide.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREVENUES OF THE AUTHORITY (\u00a7 33.2-296)\n\nAll moneys received by the Authority pursuant to this article including, without\nlimitation, moneys received from the Commonwealth Rail Fund established pursuant\nto \u00a7 33.2-1526.4, whether as proceeds from the sale of bonds or as revenues,\nshall be deemed to be trust funds to be held and applied solely as provided in\nthis article. The resolution authorizing the bonds of any issue or the trust\nindenture or agreement or resolution securing such bonds shall provide that any\nofficer with whom, or any bank or trust company with which, such moneys shall be\ndeposited shall act as a trustee of such moneys and shall hold and apply the\nsame for the purposes hereof, subject to such regulations as this article and\nsuch trust indenture or agreement or resolution may provide.\n\nHISTORY: 2020, cc. 1230, 1275.","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}}