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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>80357</law_id><section_number>15.2-2635</section_number><catch_line>What indebtedness not included in determining limitation</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>15.2-2634</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="3">Bonds Issued by Municipalities</unit></structure><text>
						<section><p>In determining the limitation contained in &#xA7;&#xA0;<a class="law" title="Limitation on amount of outstanding bonds" href="/15.2-2634/">15.2-2634</a>, there shall not be included the classes of indebtedness described in clauses (1) through (4) of Article VII, Section 10 (a) of the Constitution of Virginia.</p></section></text><history>1991, c. 668, &#xA7; 15.1-227.36; 1997, c. 587.</history><metadata></metadata></law>
