<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>61638</law_id><section_number>15.2-2608</section_number><catch_line>Bonds for revenue-producing undertakings</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>15.2-1815</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Powers of Local Government</unit><unit label="chapter" level="3" order_by="1" identifier="26">Public Finance Act</unit><unit label="article" level="4" order_by="1" identifier="2">Provisions Applicable to All Bonds</unit></structure><text>
						<section><p>The <span class="dictionary">governing body</span> of any <span class="dictionary">locality</span> may, in accordance with the provisions of Article VII, Section 10 of the Constitution of Virginia, <span class="dictionary">issue</span> <span class="dictionary"><span class="dictionary">bonds</span></span> for any revenue-producing undertaking.</p></section></text><history>Code 1950, &#xA7; 15-666.21; 1958, c. 640; 1962, c. 623, &#xA7; 15.1-178; 1971, Ex. Sess., c. 224; 1991, c. 668, &#xA7; 15.1-227.10; 1997, c. 587.</history><metadata></metadata></law>
