{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/62.1-241.8.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/62.1-241.8.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/62.1-241.8.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/62.1-241.8.html"}],"law_id":69303,"edition_id":1,"section_id":69303,"structure_id":15013,"section_number":"62.1-241.8","catch_line":"Loans and grants for regional projects, etc","history":"1992, c. 378.","full_text":"In approving loans and grants, the Board shall give preference to loans and grants for projects that will (i) utilize private industry in operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance, or (ii) serve two or more local governments to encourage regional cooperation, or (iii) both.","order_by":null,"text":{"0":{"id":250691,"text":"In approving loans and grants, the Board shall give preference to loans and grants for projects that will (i) utilize private industry in operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance, or (ii) serve two or more local governments to encourage regional cooperation, or (iii) both.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15013,"edition_id":1,"name":"Virginia Solid Waste or Recycling Revolving Fund","identifier":"23.1","label":"chapter","depth":2,"order_by":1,"parent_id":12909,"metadata":{},"date_created":"2026-06-26 03:51:30","date_modified":"2026-06-26 03:51:30","permalink":{"id":268921,"object_type":"structure","relational_id":15013,"identifier":"23.1","token":"62.1\/23.1","url":"\/62.1\/23.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12909,"edition_id":1,"name":"Waters of the State, Ports and Harbors","identifier":"62.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":268199,"object_type":"structure","relational_id":12909,"identifier":"62.1","token":"62.1","url":"\/62.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":73760,"structure_id":15013,"section_number":"62.1-241.1","catch_line":"Definitions","url":"\/62.1-241.1\/","token":"62.1\/23.1\/62.1-241.1","metadata":false},{"id":75893,"structure_id":15013,"section_number":"62.1-241.10","catch_line":"Liberal construction of chapter","url":"\/62.1-241.10\/","token":"62.1\/23.1\/62.1-241.10","metadata":false},{"id":66496,"structure_id":15013,"section_number":"62.1-241.2","catch_line":"Creation and management of Fund","url":"\/62.1-241.2\/","token":"62.1\/23.1\/62.1-241.2","metadata":false},{"id":64286,"structure_id":15013,"section_number":"62.1-241.3","catch_line":"Deposit of money; expenditures; investments","url":"\/62.1-241.3\/","token":"62.1\/23.1\/62.1-241.3","metadata":false},{"id":57249,"structure_id":15013,"section_number":"62.1-241.4","catch_line":"Annual audit","url":"\/62.1-241.4\/","token":"62.1\/23.1\/62.1-241.4","metadata":false},{"id":69900,"structure_id":15013,"section_number":"62.1-241.5","catch_line":"Collection of money due Fund","url":"\/62.1-241.5\/","token":"62.1\/23.1\/62.1-241.5","metadata":false},{"id":71426,"structure_id":15013,"section_number":"62.1-241.6","catch_line":"Loans to local governments","url":"\/62.1-241.6\/","token":"62.1\/23.1\/62.1-241.6","metadata":false},{"id":87363,"structure_id":15013,"section_number":"62.1-241.7","catch_line":"Grants to local governments","url":"\/62.1-241.7\/","token":"62.1\/23.1\/62.1-241.7","metadata":false},{"id":69303,"structure_id":15013,"section_number":"62.1-241.8","catch_line":"Loans and grants for regional projects, etc","url":"\/62.1-241.8\/","token":"62.1\/23.1\/62.1-241.8","metadata":false},{"id":73447,"structure_id":15013,"section_number":"62.1-241.9","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/62.1-241.9\/","token":"62.1\/23.1\/62.1-241.9","metadata":false},{"id":80295,"structure_id":15013,"section_number":"62.1-241.9:1","catch_line":"Sale of loans","url":"\/62.1-241.9_1\/","token":"62.1\/23.1\/62.1-241.9_1","metadata":false},{"id":79136,"structure_id":15013,"section_number":"62.1-241.9:2","catch_line":"Powers of the Authority","url":"\/62.1-241.9_2\/","token":"62.1\/23.1\/62.1-241.9_2","metadata":false}],"previous_section":{"id":87363,"structure_id":15013,"section_number":"62.1-241.7","catch_line":"Grants to local governments","url":"\/62.1-241.7\/","token":"62.1\/23.1\/62.1-241.7","metadata":false},"next_section":{"id":73447,"structure_id":15013,"section_number":"62.1-241.9","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/62.1-241.9\/","token":"62.1\/23.1\/62.1-241.9","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/62.1-241.8\/","history_text":"<p>This law was first created in 1992. The record of its establishment is cataloged in chapter 378 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 1992 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":268955,"object_type":"law","relational_id":69303,"identifier":"62.1-241.8","token":"62.1\/23.1\/62.1-241.8","url":"\/62.1-241.8\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/62.1-241.8\/","token":"62.1\/23.1\/62.1-241.8","dublin_core":{"Title":"Loans and grants for regional projects, etc","Type":"Text","Format":"text\/html","Identifier":"\u00a7 62.1-241.8","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>In approving loans and grants, the <span class=\"dictionary\">Board<\/span> shall give preference to loans and grants for <span class=\"dictionary\">projects<\/span> that will (i) utilize private industry in operation and maintenance of such <span class=\"dictionary\">projects<\/span> where a <span class=\"dictionary\">material<\/span> savings in cost can be shown over public operation and maintenance, or (ii) serve two or more <span class=\"dictionary\">local governments<\/span> to encourage regional cooperation, or (iii) both.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nLOANS AND GRANTS FOR REGIONAL PROJECTS, ETC (\u00a7 62.1-241.8)\n\nIn approving loans and grants, the Board shall give preference to loans and\ngrants for projects that will (i) utilize private industry in operation and\nmaintenance of such projects where a material savings in cost can be shown over\npublic operation and maintenance, or (ii) serve two or more local governments to\nencourage regional cooperation, or (iii) both.\n\nHISTORY: 1992, c. 378.","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}}