                                 CODE OF VIRGINIA

FINANCING (§ 33.2-1812)

Any financing of a qualifying transportation facility may be in such amounts and
upon such terms and conditions as may be determined by the parties to the
interim or comprehensive agreement. Without limiting the generality of the
foregoing, the private entity and the responsible public entity may propose to
utilize any and all revenues that may be available to them and may, to the
fullest extent permitted by applicable law: issue debt, equity, or other
securities or obligations; enter into leases, concessions, and grant and loan
agreements; access any designated transportation trust funds; borrow or accept
grants from any state infrastructure bank; and secure any financing with a
pledge of, security interest in, or lien on any or all of its property,
including all of its property interests in the qualifying transportation
facility.

HISTORY: 2005, cc. 504, 562, § 56-567.1; 2006, c. 922; 2014, c. 805.