All moneys received pursuant to this chapter shall be deemed to be trust funds, to be held and applied solely as provided in this chapter. The resolution or trust agreement providing for the issuance of revenue bonds of the authority shall provide that any officer to whom, or any bank, trust company or other fiscal agent to which, such moneys are paid shall act as trustee of such moneys and shall hold and apply the same for the purposes provided in this chapter, subject to such regulations as such resolution or trust agreement may provide.
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