Any bonds issued by a hospital or health center commission may be issued in one or more series, shall bear such date or dates, mature at such time or times, bear interest at such rate or rates payable at such time or times, be in such denominations, be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, be subject to such terms of redemption, with or without premium, as the commission by resolution may prescribe. Such bonds may be sold at public or private sale for such price or prices as the commission determines.
Code 1950, § 32-282; 1979, c. 719, § 15.1-1522; 1997, c. 587.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 52 - Hospital or Health Center Commissions
§ 15.2-5200. Creation of commission
§ 15.2-5202. When governing bodies may declare need for commission
§ 15.2-5203. Effect of adoption of resolution
§ 15.2-5204. Members of commission; quorum; compensation; expenses; removal and vacancies
§ 15.2-5205. Powers of commission
§ 15.2-5206. Appropriations to commission
§ 15.2-5207. Issuance of bonds by political subdivisions and validation thereof
§ 15.2-5208. Issuance and sale of bonds
§ 15.2-5209. Provisions to secure payment of bonds
§ 15.2-5210. Bonds made legal investments
§ 15.2-5211. Bonds payable from revenues of hospital or health centers
§ 15.2-5212. Property of commission exempt from foreclosure or execution sale and judgment lien
§ 15.2-5215. Records and reports
§ 15.2-5216. When court may enter order declaring need for commission no longer exists
§ 15.2-5217. Finality of order; effect