The Board is hereby authorized to provide for the issuance of revenue refunding bonds of the Board for the purpose of refunding any bonds then outstanding which shall have been issued under the provisions of this chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and, if deemed advisable by the Board, for the additional purpose of constructing improvements, extensions, or enlargements of the airport project or projects in connection with which the bonds to be refunded shall have been issued. The Board is further authorized to provide by resolution for the issuance of its revenue bonds for the combined purpose of (i) refunding any bonds then outstanding which shall have been issued under the provisions of this chapter including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and (ii) paying all or any part of the cost of any additional airport project or projects or of any portion or portions thereof. The issuance of such bonds, the maturities, and other details thereof, the rights of the holders thereof, and the rights, duties, and obligations of the Commonwealth in respect of the same shall be governed by the provisions of this chapter insofar as the same may be applicable.
1980, c. 750.
Structure Code of Virginia
Chapter 1 - Aircraft, Airmen and Airports Generally
§ 5.1-1. (Effective until July 1, 2025) Definitions
§ 5.1-1. (Effective July 1, 2025) Definitions
§ 5.1-1.1. Creation of Department of Aviation
§ 5.1-1.2. Appointment of Director; term; vacancies
§ 5.1-1.3. Oath and bond of Director; salary
§ 5.1-1.4. Enforcement of laws, rules and regulations
§ 5.1-1.5. General powers of Department
§ 5.1-1.7. Suits to enjoin violations of title
§ 5.1-2.2. Powers and duties of Board
§ 5.1-2.2:1. Further powers and duties of the Board
§ 5.1-2.2:2. Commercial air service plan
§ 5.1-2.2:3. Transparency and accountability in the use of Commonwealth Aviation Fund revenues
§ 5.1-2.2:4. Transparency and accountability for use of Department and Board funds
§ 5.1-2.3. Meetings of Board; quorum
§ 5.1-2.5. Eminent domain; right of entry
§ 5.1-2.6. Disposal of airport, air navigation facility or other property
§ 5.1-2.7. Revenue bonds generally
§ 5.1-2.8. Trust agreement securing bonds
§ 5.1-2.10. Moneys received deemed trust funds
§ 5.1-2.11. Proceedings by bondholder or trustee to enforce rights
§ 5.1-2.12. Bonds made securities for investment and deposit
§ 5.1-2.13. Revenue refunding bonds; bonds for refunding and for cost of additional projects
§ 5.1-2.14. Contracts, leases, and other arrangements
§ 5.1-2.15. Resolutions, rules and regulations, etc.
§ 5.1-2.16. Grants or loans of public or private funds
§ 5.1-2.17. Exemptions from taxes or assessments; payments to county or city in lieu of taxes
§ 5.1-2.18. Joint agency or authority; agreements authorized; terms
§ 5.1-2.19. Same; governing body; officers and agents; powers generally
§ 5.1-2.20. Same; eminent domain
§ 5.1-2.21. Same; disposal of airport or facility
§ 5.1-2.22. Acquisition of airport previously operated by United States
§ 5.1-2.23. Board as successor to Virginia Airports Authority
§ 5.1-2.24. Applicability of certain sections
§ 5.1-4. Aircraft for use of Department; construction, etc., of aviation facilities by Department
§ 5.1-5. Registration of aircraft
§ 5.1-7. Licensing of airports and landing areas
§ 5.1-7.2. Registration of private landing areas not within five miles of commercial airport
§ 5.1-7.3. Duty of care and liability for damages of owners of private landing areas
§ 5.1-9.2. Contract carriers; permit and registration required
§ 5.1-9.3. Same; application for permit; fee; action of Department
§ 5.1-9.6. Same; duration and custody of bonds, etc.
§ 5.1-9.7. Same; condition of bond, etc.
§ 5.1-9.8. Same; effect of failure to give or maintain adequate security
§ 5.1-9.9. Same; duration of permits; suspension or revocation; penalty
§ 5.1-11. Government-owned aircraft
§ 5.1-12. Federally certificated airlines and interstate service
§ 5.1-14. Operation of unregistered aircraft
§ 5.1-15. Operation of aircraft by unlicensed persons
§ 5.1-16.1. Misuse of licensed airports
§ 5.1-17. Use of aircraft for hunting
§ 5.1-21. Powers of conservator of the peace conferred upon pilot
§ 5.1-21.1. Powers of conservators of the peace conferred upon airport managers or designees
§ 5.1-22. Interference with operation of aircraft; penalties; venue
§ 5.1-23. Jurisdiction of local and State Police
§ 5.1-25. Operation of aircraft by nonresident
§ 5.1-25.1. Permit required for erection of certain structures
§ 5.1-25.2. Application for permit; notice and hearing
§ 5.1-25.3. When permit issued or denied; conditions to issuance