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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>64020</law_id><section_number>15.2-4206</section_number><catch_line>Additional powers of planning district commissions</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="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Other Governmental Entities</unit><unit label="chapter" level="3" order_by="1" identifier="42">Regional Cooperation Act</unit></structure><text>
						<section><p><span class="dictionary">Planning district</span> <span class="dictionary">commissions</span> may, in addition to and not in limitation of all other powers granted by this chapter:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> Acquire, lease, sell, exchange, donate and convey its projects, property or facilities in furtherance of the purposes of <span class="dictionary">planning district</span> <span class="dictionary">commissions</span> as set forth in this chapter; <a id="paragraph-233102" class="section-permalink" href="https://vacode.org/15.2-4206/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> <span class="dictionary">Issue</span> its <span class="dictionary">bonds</span>, notes or other <span class="dictionary">evidences</span> of indebtedness, whether payable solely out of the revenues and receipts derived or to be derived from the leasing, sale or other <span class="dictionary">disposition</span> or use of such projects, property or facilities or otherwise, for the purpose of carrying out any of its powers or purposes set forth in this chapter; and <a id="paragraph-233103" class="section-permalink" href="https://vacode.org/15.2-4206/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> As security for the payment of the principal of and premium, if any, and interest on any such <span class="dictionary">bonds</span>, notes or other <span class="dictionary">evidences</span> of indebtedness, mortgage and pledge its projects, property or facilities or any part or parts thereof and pledge the revenues therefrom or from any part thereof. <a id="paragraph-233104" class="section-permalink" href="https://vacode.org/15.2-4206/#3"><i class="fa fa-link"/></a></p></section></text><history>1989, c. 178, &#xA7; 15.1-1404.1; 1995, cc. 732, 796; 1997, c. 587.</history><metadata></metadata></law>
