                                 CODE OF VIRGINIA

SOURCES OF PAYMENT AND SECURITY FOR BONDS AND CREDIT ENHANCEMENTS (§ 62.1-206)

The Authority shall have the power to pledge any revenue or funds of or under
the control of the Authority to the payment of its bonds and credit
enhancements, subject only to any prior agreements with the holders of
particular bonds or the beneficiaries of particular credit enhancements pledging
money or revenue. Bonds or credit enhancements issued by the Authority may be
secured by a pledge of any local obligation owned by the Authority, any grant,
contribution or guaranty from the United States of America, the Commonwealth or
any corporation, association, institution or person, any other property or
assets of or under the control of the Authority, or a pledge of any money,
income or revenue of the Authority from any source.

HISTORY: 1984, c. 699; 1985, c. 67; 1986, c. 415; 1998, c. 399.