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, taking the action required by § 15.2-2659 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.
1999, c. 897.
Structure Code of Virginia
Chapter 2.1 - Virginia Airports Revolving Fund
§ 5.1-30.2. Creation and management of Virginia Airports Revolving Fund
§ 5.1-30.3. Deposit of money; expenditures; investments
§ 5.1-30.4. Collection of money due Fund
§ 5.1-30.5. Loans to local governments
§ 5.1-30.6. Pledge of loans to secure bonds of Authority
§ 5.1-30.8. Powers of the Authority