The Authority is empowered at any time and from time to time to sell, upon such terms and conditions as the Authority shall deem appropriate, any loan, or interest therein, made pursuant to this chapter. The net proceeds of sale remaining after payment of the costs and expenses of the sale shall be designated for deposit to, and become part of, the Fund.
2010, c. 724.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 24.3 - Virginia Infrastructure Project Loan Fund
§ 15.2-2431. Creation and management of Fund
§ 15.2-2432. Deposit of money; expenditures; investments
§ 15.2-2434. Collection of money due Fund
§ 15.2-2435. Loans to local governments
§ 15.2-2436. Prioritization of loans
§ 15.2-2437. Pledge of loans to secure bonds of Authority