Code of Virginia
Chapter 12 - Virginia College Building Authority
§ 23.1-1237. Article liberally construed

This article, being necessary for the welfare of the Commonwealth and its inhabitants, shall be liberally construed to effect the purposes of this article.
1972, c. 686, § 23-30.57; 2016, c. 588.

Structure Code of Virginia

Code of Virginia

Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions

Chapter 12 - Virginia College Building Authority

§ 23.1-1200. Definitions; findings

§ 23.1-1201. Virginia College Building Authority established

§ 23.1-1202. Action by Authority may be authorized by resolution

§ 23.1-1203. Powers of Authority generally

§ 23.1-1204. Duties; administration of assets, moneys, or obligations

§ 23.1-1205. Powers; purchase or sale of bonds or other obligations of eligible institutions

§ 23.1-1206. Powers; acquisition or disposition of equipment

§ 23.1-1207. Powers; bonds of Authority generally

§ 23.1-1208. Security for bonds

§ 23.1-1209. Reserve fund; limitations

§ 23.1-1210. Payment on bonds; pledge of revenues

§ 23.1-1211. Default on payments

§ 23.1-1212. Investment of funds

§ 23.1-1213. Enforcement of rights and duties by bondholder or trustee under trust indenture

§ 23.1-1214. Exemption of bonds from taxation

§ 23.1-1215. Bonds made lawful investments

§ 23.1-1216. Annual report; examination of records, books, and accounts

§ 23.1-1217. Annual audit

§ 23.1-1218. Article liberally construed; powers of Authority not subject to supervision by certain entities

§ 23.1-1219. Jurisdiction of suits against Authority; service of process

§ 23.1-1220. Definitions

§ 23.1-1221. Declaration of policy and purpose

§ 23.1-1222. Expenses of administering article

§ 23.1-1223. Powers and duties of Authority

§ 23.1-1224. Duties; conveyance of title to projects

§ 23.1-1225. Powers; acquisition of property

§ 23.1-1226. Powers; issuance of negotiable notes

§ 23.1-1227. Powers; issuance of revenue bonds

§ 23.1-1228. Powers; security for revenue bonds

§ 23.1-1229. Powers and duties; rates, rents, fees and charges; sinking fund

§ 23.1-1230. Powers; issuance of refunding revenue bonds

§ 23.1-1231. Revenue bonds not obligations of Commonwealth or political subdivision

§ 23.1-1232. Moneys received deemed trust funds

§ 23.1-1233. Remedies of bondholders or holders of other obligations

§ 23.1-1234. Exemption from taxation

§ 23.1-1235. Bonds as legal investments

§ 23.1-1236. Nature of article

§ 23.1-1237. Article liberally construed

§ 23.1-1238. Article controls inconsistent laws