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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>84218</law_id><section_number>10.1-603.38</section_number><catch_line>Sale of loans</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="10.1">Conservation</unit><unit label="subtitle" level="2" order_by="1" identifier="I">Activities Administered by the Department of Conservation and Recreation</unit><unit label="chapter" level="3" order_by="1" identifier="6">Flood Protection and Dam Safety</unit><unit label="article" level="4" order_by="1" identifier="1.4">Resilient Virginia Revolving Fund</unit></structure><text>
						<section><p>The <span class="dictionary">Authority</span> is empowered at any time and from time to time to sell, upon such terms and conditions as the <span class="dictionary">Authority</span> shall deem appropriate, any loan, or interest therein, made pursuant to this article. The net proceeds of sale remaining after the payment of the <span class="dictionary">costs</span> and expenses of the sale shall be designated for deposit to, and become part of, the <span class="dictionary">Fund</span>.</p></section></text><history>2022, cc. 739, 782.</history><metadata></metadata></law>
