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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>81031</law_id><section_number>33.2-2209</section_number><catch_line>Bonds not to constitute a debt or pledge of taxing power</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="33.2">Highways and Other Surface Transportation Systems</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Local and Regional Transportation</unit><unit label="chapter" level="3" order_by="1" identifier="22">Chesapeake Bay Bridge and Tunnel District and Commission</unit></structure><text>
						<section><p>Revenue <span class="dictionary"><span class="dictionary">bonds</span></span> issued under the provisions of this chapter shall not be deemed to constitute a debt of the <span class="dictionary">District</span> or of the Commonwealth or of any county, city, <span class="dictionary">district</span>, or political subdivision thereof, or a pledge of the faith and credit of the <span class="dictionary">District</span> or of the Commonwealth or of any county, city, <span class="dictionary">district</span>, or political subdivision thereof, but such <span class="dictionary"><span class="dictionary">bonds</span></span> shall be payable solely from the funds herein provided therefor from tolls and other revenues. The issuance of revenue <span class="dictionary"><span class="dictionary">bonds</span></span> under the provisions of this chapter shall not directly or indirectly or contingently obligate the <span class="dictionary">District</span>, the Commonwealth, or any county, city, <span class="dictionary">district</span>, or political subdivision thereof to <span class="dictionary">levy</span> or to pledge any form of taxation whatever therefor. All such revenue <span class="dictionary"><span class="dictionary">bonds</span></span> shall contain a statement on their face substantially to the foregoing effect.</p></section></text><history>1956, c. 714; 2014, c. 805.</history><metadata></metadata></law>
