                                 CODE OF VIRGINIA

PURCHASE BY AUTHORITY (§ 15.2-5354)

The authority shall have the power out of any funds available therefor to
purchase any bonds issued by it. Bonds payable exclusively from the revenues of
a designated project or projects shall only be purchased with the revenues
available therefor. All bonds so purchased shall be canceled. This section shall
not apply to the redemption of bonds.

HISTORY: Code 1950, § 32-269; 1973, c. 462, § 15.1-1589; 1979, c. 719; 1997,
c. 587.