The Virginia Resources Authority is created, with the duties and powers set forth in this chapter, as a public body corporate and as a political subdivision of the Commonwealth. The exercise by the Authority of the duties and powers conferred by this chapter shall be deemed to be the performance of an essential governmental function of the Commonwealth.
1984, c. 699; 1985, c. 67.
Structure Code of Virginia
Title 62.1 - Waters of the State, Ports and Harbors
Chapter 21 - Virginia Resources Authority
§ 62.1-198. Legislative findings and purposes
§ 62.1-200. Creation of Authority
§ 62.1-201. Board of Directors
§ 62.1-202. Appointment and duties of Executive Director
§ 62.1-203. Powers of Authority
§ 62.1-204. Power to borrow money and issue bonds and credit enhancements
§ 62.1-205. Power to issue refunding bonds
§ 62.1-206. Sources of payment and security for bonds and credit enhancements
§ 62.1-207. Liability of Commonwealth, political subdivisions and members of board of directors
§ 62.1-208. Authorization, content and sale of bonds and credit enhancements
§ 62.1-209. Provisions of resolution or trust indenture authorizing issuance of bonds
§ 62.1-210. Pledge by Authority
§ 62.1-211. Purchase of bonds by Authority
§ 62.1-212. Bonds as negotiable instruments
§ 62.1-213. Validity of signatures of prior members or officers
§ 62.1-214. Bondholder protection
§ 62.1-215. Establishment of capital reserve funds
§ 62.1-216. Purchase and credit enhancements of local obligations
§ 62.1-217. Grants from Commonwealth
§ 62.1-218. Grants to local governments
§ 62.1-219. Exemption from taxation
§ 62.1-220. Bonds as legal investments and securities
§ 62.1-221. Deposit of money; expenditures; security for deposits