The Authority is empowered to collect, or to authorize others to collect on its behalf, amounts due to the Fund under any loan to a local government, including, if appropriate, by taking the action required by § 15.2-2659 or 62.1-216.1 to obtain payment of any amounts in default. Proceedings to recover amounts due to the Fund may be instituted by the Authority in the name of the Fund in the appropriate circuit court.
2015, cc. 399, 433.
Structure Code of Virginia
Title 3.2 - Agriculture, Animal Care, and Food
Chapter 31.1 - Virginia Tobacco Region Revolving Fund
§ 3.2-3113. Creation and management of Virginia Tobacco Region Revolving Fund
§ 3.2-3114. Deposit of money; expenditures; investments
§ 3.2-3115. Collection of money due the Fund
§ 3.2-3116. Loans to local governments
§ 3.2-3117. Pledge of loans to secure bonds of the Authority
§ 3.2-3119. Powers of the Authority