                                 CODE OF VIRGINIA

BONDS NOT TO CONSTITUTE A DEBT OR PLEDGE OF TAXING POWER (§ 33.2-2209)

Revenue bonds issued under the provisions of this chapter shall not be deemed to
constitute a debt of the District or of the Commonwealth or of any county, city,
district, or political subdivision thereof, or a pledge of the faith and credit
of the District or of the Commonwealth or of any county, city, district, or
political subdivision thereof, but such bonds shall be payable solely from the
funds herein provided therefor from tolls and other revenues. The issuance of
revenue bonds under the provisions of this chapter shall not directly or
indirectly or contingently obligate the District, the Commonwealth, or any
county, city, district, or political subdivision thereof to levy or to pledge
any form of taxation whatever therefor. All such revenue bonds shall contain a
statement on their face substantially to the foregoing effect.

HISTORY: 1956, c. 714; 2014, c. 805.