Chapter 21: Virginia Resources Authority

This chapter is comprised of the following sections:

§62.1-197 Short title
§62.1-198 Legislative findings and purposes
§62.1-199 Definitions
§62.1-200 Creation of Authority
§62.1-201 Board of Directors
§62.1-202 Appointment and duties of Executive Director
§62.1-203 Powers of Authority
§62.1-204 Power to borrow money and issue bonds and credit enhancements
§62.1-205 Power to issue refunding bonds
§62.1-206 Sources of payment and security for bonds and credit enhancements
§62.1-207 Liability of Commonwealth, political subdivisions and members of board of directors
§62.1-208 Authorization, content and sale of bonds and credit enhancements
§62.1-209 Provisions of resolution or trust indenture authorizing issuance of bonds
§62.1-210 Pledge by Authority
§62.1-211 Purchase of bonds by Authority
§62.1-212 Bonds as negotiable instruments
§62.1-213 Validity of signatures of prior members or officers
§62.1-214 Bondholder protection
§62.1-215 Establishment of capital reserve funds
§62.1-216 Purchase and credit enhancements of local obligations
§62.1-216.1 Investigation by Governor of nonpayments; withholding state funds from nonpaying locality; payment of funds withheld; receipts, reports, etc
§62.1-217 Grants from Commonwealth
§62.1-218 Grants to local governments
§62.1-219 Exemption from taxation
§62.1-220 Bonds as legal investments and securities
§62.1-221 Deposit of money; expenditures; security for deposits
§62.1-222 Annual reports; audit
§62.1-223 Liberal construction of chapter
