{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-3502.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-3502.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-3502.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-3502.html"}],"law_id":61309,"edition_id":1,"section_id":61309,"structure_id":15861,"section_number":"33.2-3502","catch_line":"Authority to issue bonds","history":"2018, cc. 854, 856.","full_text":"The transportation districts described in subsection B of \u00a7 33.2-3500 may issue bonds and other evidences of debt as may be authorized by this section or other law. The provisions of Article 5 (\u00a7 33.2-1920 et seq.) of Chapter 19 shall apply, mutatis mutandis, to the issuance of such bonds or other debt. The Authority may issue bonds or other debt in such amounts as it deems appropriate. The bonds may be supported by any funds available in the Fund, provided that the total amount of debt service for all outstanding bonds may not exceed 66 percent of the revenues dedicated to the Fund pursuant to \u00a7 58.1-2299.20.","order_by":null,"text":{"0":{"id":223997,"text":"The transportation districts described in subsection B of \u00a7 33.2-3500 may issue bonds and other evidences of debt as may be authorized by this section or other law. The provisions of Article 5 (\u00a7 33.2-1920 et seq.) of Chapter 19 shall apply, mutatis mutandis, to the issuance of such bonds or other debt. The Authority may issue bonds or other debt in such amounts as it deems appropriate. The bonds may be supported by any funds available in the Fund, provided that the total amount of debt service for all outstanding bonds may not exceed 66 percent of the revenues dedicated to the Fund pursuant to \u00a7 58.1-2299.20.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15861,"edition_id":1,"name":"Commuter Rail Operating and Capital Fund","identifier":"35","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 04:00:47","date_modified":"2026-06-26 04:00:47","permalink":{"id":207791,"object_type":"structure","relational_id":15861,"identifier":"35","token":"33.2\/IV\/35","url":"\/33.2\/IV\/35\/","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":78646,"structure_id":15861,"section_number":"33.2-3500","catch_line":"Commuter Rail Operating and Capital Fund","url":"\/33.2-3500\/","token":"33.2\/IV\/35\/33.2-3500","metadata":false},{"id":84385,"structure_id":15861,"section_number":"33.2-3501","catch_line":"Use of revenues in the Fund","url":"\/33.2-3501\/","token":"33.2\/IV\/35\/33.2-3501","metadata":false},{"id":61309,"structure_id":15861,"section_number":"33.2-3502","catch_line":"Authority to issue bonds","url":"\/33.2-3502\/","token":"33.2\/IV\/35\/33.2-3502","metadata":false}],"previous_section":{"id":84385,"structure_id":15861,"section_number":"33.2-3501","catch_line":"Use of revenues in the Fund","url":"\/33.2-3501\/","token":"33.2\/IV\/35\/33.2-3501","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-3502\/","history_text":"

This law was first created in 2018. The record of its establishment is cataloged in chapters 854<\/a> and 856<\/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":54711,"section_number":"33.2-1920","catch_line":"Authority to issue bonds and other obligations","order_by":null,"url":"\/33.2-1920\/"},{"id":78646,"section_number":"33.2-3500","catch_line":"Commuter Rail Operating and Capital Fund","order_by":null,"url":"\/33.2-3500\/"},{"id":56491,"section_number":"58.1-2299.20","catch_line":"Disposition of tax revenues","order_by":null,"url":"\/58.1-2299.20\/"}],"permalink":{"id":207801,"object_type":"law","relational_id":61309,"identifier":"33.2-3502","token":"33.2\/IV\/35\/33.2-3502","url":"\/33.2-3502\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-3502\/","token":"33.2\/IV\/35\/33.2-3502","dublin_core":{"Title":"Authority to issue bonds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-3502","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The transportation districts described in subsection B of \u00a7 33.2-3500<\/a> may issue<\/span> bonds<\/span> and other evidences<\/span> of debt as may be authorized by this section or other law<\/span>. The provisions of Article 5 (\u00a7 33.2-1920<\/a> et seq.) of Chapter 19 shall apply, mutatis mutandis<\/span>, to the issuance of such bonds<\/span> or other debt. The Authority may issue<\/span> bonds<\/span> or other debt in such amounts as it deems appropriate. The bonds<\/span> may be supported by any funds available in the Fund, provided that the total amount of debt service for all outstanding bonds<\/span> may not exceed 66 percent of the revenues dedicated to the Fund pursuant to \u00a7 58.1-2299.20<\/a>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nAUTHORITY TO ISSUE BONDS (\u00a7 33.2-3502)\n\nThe transportation districts described in subsection B of \u00a7 33.2-3500 may issue\nbonds and other evidences of debt as may be authorized by this section or other\nlaw. The provisions of Article 5 (\u00a7 33.2-1920 et seq.) of Chapter 19 shall\napply, mutatis mutandis, to the issuance of such bonds or other debt. The\nAuthority may issue bonds or other debt in such amounts as it deems appropriate.\nThe bonds may be supported by any funds available in the Fund, provided that the\ntotal amount of debt service for all outstanding bonds may not exceed 66 percent\nof the revenues dedicated to the Fund pursuant to \u00a7 58.1-2299.20.\n\nHISTORY: 2018, cc. 854, 856.","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}}