Any bonds issued under this chapter shall be payable only from the revenues and receipts of the hospital or health center for the acquisition, establishment, or construction of which the bonds were issued and from any property the Authority has made subject to a lien to secure such bonds. The bonds and other obligations of the Authority shall not be a debt of any locality or of the Commonwealth, and neither the Authority members nor any person executing the bonds or other obligations shall be liable personally thereon by reason of the issuance thereof.
2007, c. 676.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 53.1 - Southwest Virginia Health Authority
§ 15.2-5368. Southwest Virginia Health Authority established
§ 15.2-5370. Directors; qualifications; terms; vacancies
§ 15.2-5371. Decisions of Authority
§ 15.2-5372. Payment to members of Authority
§ 15.2-5373. Executive director; staff
§ 15.2-5374. Powers of Authority
§ 15.2-5375. Appropriations to Authority
§ 15.2-5376. Issuance of bonds by participating localities and validation thereof
§ 15.2-5377. Issuance and sale of bonds
§ 15.2-5378. Provisions to secure payment of bonds
§ 15.2-5379. Bonds made legal investments
§ 15.2-5380. Bonds payable from revenues of hospital or health centers
§ 15.2-5381. Property of Authority exempt from foreclosure or execution sale and judgment lien
§ 15.2-5384. Records and reports