Chapter 49: Industrial Development and Revenue Bond Act

This chapter is comprised of the following sections:

§15.2-4900 Short title
§15.2-4901 Purpose of chapter
§15.2-4902 Definitions
§15.2-4903 Creation of industrial development authorities
§15.2-4904 Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records; certification and distribution of report concerning bond issuance
§15.2-4905 Powers of authority
§15.2-4906 Public hearing and approval
§15.2-4907 Fiscal impact statement
§15.2-4908 Issuance of bonds, notes and other obligations of authority
§15.2-4909 Liability of Commonwealth, political subdivisions, directors and officers
§15.2-4910 Security for payment of bonds; default
§15.2-4911 Rents, fees and other charges
§15.2-4912 Exemption from taxation
§15.2-4913 Authority to be nonprofit; excess earnings
§15.2-4914 Dissolution of authority; disposition of property
§15.2-4915 Bonds as legal investments and lawful security
§15.2-4916 Authorities acting jointly
§15.2-4917 Facility sites
§15.2-4918 Provisions of chapter cumulative; construction
§15.2-4919 Provisions of chapter controlling over other statutes and charters
§15.2-4920 Validation of creation of authorities, appointment of directors and proceedings; curative resolutions
