The notes, bonds or other obligations of HDA shall not be a debt or grant or loan of credit of the Commonwealth of Virginia, and the Commonwealth shall not be liable thereon, nor shall they be payable out of any funds other than those of HDA; and such notes and bonds shall contain on the face thereof a statement to such effect.
1972, c. 830.
Structure Code of Virginia
Chapter 1.2 - Virginia Housing Development Authority Act
§ 36-55.25. Finding and declaration of necessity
§ 36-55.27. Virginia Housing Development Authority continued; constituted a public instrumentality
§ 36-55.27:1. Programs and regulations to implement the Consolidated Plan
§ 36-55.28. Appointment and tenure of commissioners; officers; quorum; compensation; liability
§ 36-55.29. Executive director
§ 36-55.30. Powers of HDA generally
§ 36-55.30:2. Housing revitalization areas; economically mixed projects
§ 36-55.30:3. Regulations; adoption procedures
§ 36-55.31:1. Loans for installation of certain energy-saving devices
§ 36-55.33:1. Mortgage loan terms and conditions
§ 36-55.34:1. Power to supervise housing sponsors
§ 36-55.36. Terms and conditions of mortgage insurance
§ 36-55.37. Exemption from taxation
§ 36-55.38. Admission and income limitations relative to housing developments
§ 36-55.39. Procedure prior to financing of housing developments undertaken by housing sponsors
§ 36-55.41. Reserve funds and appropriations
§ 36-55.42. Refunding obligations; issuance
§ 36-55.44. Deposit and investment of moneys of HDA
§ 36-55.44:1. Swap agreements by HDA authorized
§ 36-55.45. Agreement with Commonwealth
§ 36-55.46. Commonwealth not liable on notes and bonds
§ 36-55.47. Remedies of noteholders and bondholders
§ 36-55.48. Grants from Commonwealth
§ 36-55.49. Notes and bonds as legal investments
§ 36-55.50. Liberal construction
§ 36-55.52. Inconsistent provisions in other laws superseded