The Authority, subject to such agreements with bondholders as may then exist, shall have the power to purchase bonds of the Authority out of any available funds, at any reasonable price. If the bonds are then redeemable, this price shall not exceed the redemption price then applicable plus accrued interest to the next interest payment date.
1984, c. 699.
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