Revenue bonds issued under the provisions of this chapter shall not constitute a pledge of the faith and credit of the Commonwealth or of any political subdivision or locality. All bonds shall contain a statement on their face substantially to the effect that neither the faith and credit of the Commonwealth nor the faith and credit of any political subdivision are pledged to the payment of the principal of or the interest on the bonds. The issuance of revenue bonds under the provisions of this chapter shall not directly or indirectly or contingently obligate the Commonwealth or any political subdivision to levy any taxes or to make any appropriation for their payment except from the funds pledged under the provisions of this chapter.
2003, c. 643.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 54.1 - Virginia Wireless Service Authorities Act
§ 15.2-5431.1. Title of chapter; construction
§ 15.2-5431.3. Creation of authority
§ 15.2-5431.4. Resolution creating authority to include articles of incorporation
§ 15.2-5431.5. Advertisement of resolution and notice of hearing
§ 15.2-5431.6. Hearing; referendum
§ 15.2-5431.7. Filing articles of incorporation
§ 15.2-5431.8. Issuance of certificate or charter
§ 15.2-5431.8:1. Amendment of articles of incorporation
§ 15.2-5431.9. Dissolution and termination of authority
§ 15.2-5431.9:1. Joinder of another locality or authority; withdrawal from authority
§ 15.2-5431.10. Members of authority board; chief administrative or executive officer
§ 15.2-5431.11. Powers of authority
§ 15.2-5431.12. Contracts relating to use of systems
§ 15.2-5431.13. Insurance for employees
§ 15.2-5431.14. Issuance of revenue bonds
§ 15.2-5431.15. Time for contesting validity of proposed bond issue; when bonds presumed valid
§ 15.2-5431.16. Proceeds of bonds
§ 15.2-5431.17. Interim receipts and temporary bonds; bonds mutilated, lost or destroyed
§ 15.2-5431.18. Provisions of chapter only requirements for issue
§ 15.2-5431.19. Limitations in bond resolution or trust agreement
§ 15.2-5431.20. Bonds not debts of Commonwealth or participating political subdivision
§ 15.2-5431.21. Exemption from taxation
§ 15.2-5431.22. Trust agreement; bond resolution
§ 15.2-5431.23. Disposition of unclaimed funds due on matured bonds or coupons
§ 15.2-5431.24. Contracts concerning interest rates, currency, cash flow and other basis
§ 15.2-5431.25. Rates and charges
§ 15.2-5431.26. Enforcement of charges
§ 15.2-5431.27. Lien for charges
§ 15.2-5431.29. Bondholder's remedies
§ 15.2-5431.30. Refunding bonds
§ 15.2-5431.31. Purchase in open market or otherwise
§ 15.2-5431.32. Investment in bonds
§ 15.2-5431.33. Financial report; authority budget; audit
§ 15.2-5431.34. Use of state land
§ 15.2-5431.35. Powers of localities to make grants and conveyances to and contracts with authority
§ 15.2-5431.35:1. Creating or joining more than one authority
§ 15.2-5431.36. Liability of members or officers
§ 15.2-5431.37. Provisions of chapter cumulative; construction