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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>68084</law_id><section_number>33.2-2511</section_number><catch_line>Authority to issue bonds</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>33.2-2510</reference></referred_to_by><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="25">Northern Virginia Transportation Authority</unit></structure><text>
						<section><p>The Authority may <span class="dictionary">issue</span> <span class="dictionary">bonds</span> and other <span class="dictionary">evidences</span> of debt as may be authorized by this section or other <span class="dictionary">law</span>. The provisions of Article 5 (&#xA7;&#xA0;<a class="law" title="Authority to issue bonds and other obligations" href="/33.2-1920/">33.2-1920</a> et seq.) of Chapter 19 shall apply, <span class="dictionary">mutatis mutandis</span>, to the issuance of such <span class="dictionary">bonds</span> or other debt. The Authority may <span class="dictionary">issue</span> <span class="dictionary">bonds</span> or other debt in such amounts as it deems appropriate. The <span class="dictionary">bonds</span> may be supported by any funds available except that funds from tolls collected pursuant to subdivision 7 of &#xA7;&#xA0;<a class="law" title="Other duties and responsibilities of Authority" href="/33.2-2512/">33.2-2512</a> shall be used only as provided in that subdivision.</p></section></text><history>2002, c. 846, &#xA7; 15.2-4839; 2007, c. 896; 2014, c. 805.</history><metadata></metadata></law>
