Chapter 21 Virginia Resources Authority

This chapter is comprised of the following sections:
  • §62.1-197 Short title
  • §62.1-198 Legislative findings and purposes
  • §62.1-199 Definitions
  • §62.1-200 Creation of Authority
  • §62.1-201 Board of Directors
  • §62.1-202 Appointment and duties of Executive Director
  • §62.1-203 Powers of Authority
  • §62.1-204 Power to borrow money and issue bonds and credit enhancements
  • §62.1-205 Power to issue refunding bonds
  • §62.1-206 Sources of payment and security for bonds and credit enhancements
  • §62.1-207 Liability of Commonwealth, political subdivisions and members of board of directors
  • §62.1-208 Authorization, content and sale of bonds and credit enhancements
  • §62.1-209 Provisions of resolution or trust indenture authorizing issuance of bonds
  • §62.1-210 Pledge by Authority
  • §62.1-211 Purchase of bonds by Authority
  • §62.1-212 Bonds as negotiable instruments
  • §62.1-213 Validity of signatures of prior members or officers
  • §62.1-214 Bondholder protection
  • §62.1-215 Establishment of capital reserve funds
  • §62.1-216 Purchase and credit enhancements of local obligations
  • §62.1-216.1 Investigation by Governor of nonpayments; withholding state funds from nonpaying locality; payment of funds withheld; receipts, reports, etc
  • §62.1-217 Grants from Commonwealth
  • §62.1-218 Grants to local governments
  • §62.1-219 Exemption from taxation
  • §62.1-220 Bonds as legal investments and securities
  • §62.1-221 Deposit of money; expenditures; security for deposits
  • §62.1-222 Annual reports; audit
  • §62.1-223 Liberal construction of chapter