                                 CODE OF VIRGINIA

REVENUE BONDS (§ 33.2-1708)

The Board may provide by resolution, at one time or from time to time, for the
issuance of revenue bonds, notes, or other revenue obligations of the
Commonwealth for the purpose of paying all or any part of the cost, as defined
in § 33.2-1700, of any one or more projects, as defined in § 33.2-1700. The
principal or purchase price of, and redemption premium, if any, and interest on
such obligations shall be payable solely from the special funds herein provided
for such payment. For the purposes of this section, &#8220;special funds&#8221;
includes any funds established for Commonwealth of Virginia Toll Revenue Bonds,
Commonwealth of Virginia Transportation Contract Revenue Bonds, Commonwealth of
Virginia Transportation Revenue Bonds, Commonwealth of Virginia Interstate 81
Program Revenue Bonds, Commonwealth of Virginia Federal Highway Reimbursement
Anticipation Notes, or Commonwealth of Virginia Federal Transportation Grant
Anticipation Revenue Notes, Commonwealth of Virginia Passenger Rail Facilities
Bonds, or Commonwealth of Virginia Special Structures Program Revenue Bonds.

HISTORY: Code 1950, § 33-236; 1970, c. 322, § 33.1-276; 1988, cc. 844, 903;
1989, Sp. Sess., cc. 9, 11; 2000, cc. 1019, 1044; 2011, cc. 830, 868; 2014, c.
805; 2020, cc. 1230, 1275; 2025, c. 327.