The Authority may accept funds and property from the federal government, the Commonwealth, persons and localities, and may use the same for any of the purposes for which the Authority is created.
Localities are hereby authorized to lend or donate money or other property to the Authority for any of its purposes. The locality making the grant or loan may restrict the use of such grants or loans to a specific project, within or outside that locality.
1988, c. 833, § 15.1-1642; 1990, c. 341; 1997, c. 587.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 60 - Virginia Coalfield Economic Development Authority
§ 15.2-6000. Authority created; name
§ 15.2-6002. Purpose of Authority; performs governmental function
§ 15.2-6003. Board of Authority; members and officers; staff; annual report
§ 15.2-6004. Office of Authority; title to property
§ 15.2-6005. General powers of Authority; regulations; enforcement of statutes, rules, etc.
§ 15.2-6007. Acceptance of funds, property and grants or loans
§ 15.2-6008. Forms of accounts and records; audit of same
§ 15.2-6009. Capitalization of Authority
§ 15.2-6011. Eligible use of funds
§ 15.2-6012. Dissolution of Authority
§ 15.2-6013. Chapter liberally construed
§ 15.2-6014. Inconsistent laws inapplicable
§ 15.2-6015. City of Norton deemed contributing jurisdiction of Wise County