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§ 15.2-2600. Short title - This chapter shall be known and may be cited as...
§ 15.2-2601. Chapter not to affect general, special and local acts and charters under which bonds are issued or validated - Unless expressly stated to the contrary nothing in this chapter...
§ 15.2-2602. Definitions - As used in this chapter, the following words and terms...
§ 15.2-2603. Disposition of unclaimed funds due on matured bonds or coupons - Any locality having bonds outstanding on which principal, premium or...
§ 15.2-2604. Powers generally - Subject to the provisions of Articles 3 (§ 15.2-2632 et...
§ 15.2-2605. Collection of rents and charges; liens on real estate; discharge and enforcement of liens - The rates, rents, fees or charges when made for the...
§ 15.2-2606. Public hearing before issuance of bonds - A. Notwithstanding any contrary provision of law, general or special,...
§ 15.2-2607. Provisions which may be embodied in bond ordinances or resolution; adoption; filing copy with court - The governing body of any locality, subject to the approval...
§ 15.2-2608. Bonds for revenue-producing undertakings - The governing body of any locality may, in accordance with...
§ 15.2-2609. Covenants relating to issuance of revenue bonds - The governing body of any locality proposing to issue bonds...
§ 15.2-2610. Request for referendum filed with court; order for election; notice - If voter approval of any bond issue by a locality...
§ 15.2-2611. Holding of election; order authorizing bonds; authority of governing body - The regular election officers of the locality at the time...
§ 15.2-2612. Dating; rate of interest; maturity; denomination; place of payment - The bonds of a locality may be dated, may mature...
§ 15.2-2613. Form and manner of execution; signature of person ceasing to be officer - The governing body shall determine the form and the manner...
§ 15.2-2614. Bearer, registered or book entry form - The bonds may be issued in bearer, registered or book...
§ 15.2-2615. Bonds deemed negotiable instruments - Notwithstanding any of the foregoing provisions of this chapter or...
§ 15.2-2616. Interim receipts or temporary bonds exchangeable for definitive bonds - Before the preparation of definitive bonds, the governing body of...
§ 15.2-2617. Sale of bonds - Any locality may sell any bonds authorized under the provisions...
§ 15.2-2618. Disposition of proceeds; separate fund - Unless otherwise specifically provided by the governing body of a...
§ 15.2-2619. Investment of proceeds pending application to authorized purpose - Pending the application of the proceeds of any bonds authorized...
§ 15.2-2620. Bonds made legal investments - Bonds issued under this chapter are made securities in which...
§ 15.2-2621. Bonds mutilated, lost or destroyed - If any bond is mutilated, destroyed or lost, the governing...
§ 15.2-2622. Destruction of bonds and coupons after payment in full - A. Whenever the fiscal agent for any locality pays in...
§ 15.2-2623. Defeasance of indebtedness; rights of owners - The governing body of any locality is authorized to provide...
§ 15.2-2624. Tax to pay principal and interest - Notwithstanding any other provision of law or any charter provision,...
§ 15.2-2625. Deposit of funds; security; investment of funds - Unless otherwise provided in the ordinance, resolution, trust agreement, indenture...
§ 15.2-2626. Contracts concerning interest rates, currency, cash flow or other basis - A. Any locality may enter into any contract which the...
§ 15.2-2627. Time for contesting validity of proposed bond issue; when bonds presumed valid - For a period of thirty days after the date of...
§ 15.2-2628. Notes in anticipation of bond issue - In anticipation of the issuance of bonds under the provisions...
§ 15.2-2629. Loans to meet appropriations for current year - Any locality may borrow money and issue its notes in...
§ 15.2-2630. Loans in anticipation of federal and state funds - Any locality may borrow money and issue its notes in...
§ 15.2-2631. Terms of temporary loans - The temporary loans authorized by §§ 15.2-2628, 15.2-2629, and 15.2-2630,...
§ 15.2-2632. Certain debts that may be contracted by city on transition from town - Any city may, within one year from the date of...
§ 15.2-2633. Borrowing by certain cities to pay expenses - Notwithstanding any provision of law to the contrary, any city...
§ 15.2-2634. Limitation on amount of outstanding bonds - Subject to §§ 15.2-2601 and 15.2-2635, no municipality may issue...
§ 15.2-2635. What indebtedness not included in determining limitation - In determining the limitation contained in § 15.2-2634, there shall...
§ 15.2-2636. Ordinance or resolution to provide for issue of bonds - Except as otherwise provided in this section, whenever any municipality...
§ 15.2-2637. Danville to incur indebtedness only in accordance with charter - In the City of Danville no money shall be borrowed,...
§ 15.2-2638. Powers of counties generally; approval of voters required - A. Except as provided in subsection B of this section,...
§ 15.2-2639. County may elect to be treated as city for issuing bonds - Any county may, upon approval by the affirmative vote of...
§ 15.2-2640. Resolution for bond issue; contents; request for bonds for school purposes - Whenever the governing body of any county determines that it...
§ 15.2-2641. Subsequent resolutions - If the question of contracting a debt, borrowing money and...
§ 15.2-2642. School district bonds - The governing body of any county, acting for and on...
§ 15.2-2643. Authority for issuance; resolutions or ordinances - The governing body of any locality is authorized to provide...
§ 15.2-2644. Issuance or exchange for indebtedness to be retired; sale and disposition of proceeds; rights of owners - Any refunding bonds may be issued or exchanged for the...
§ 15.2-2645. Amount of bonds - No refunding bonds shall be issued in a principal amount...
§ 15.2-2646. Participation in funds donated by the Commonwealth - The issuance of refunding bonds for the retirement of bonds...
§ 15.2-2647. Expenses of authorization and issuance; agent to assist in refunding transaction - The governing body may authorize the payment by any locality...
§ 15.2-2648. Purchase in open market - Provision may be made in the proceedings authorizing refunding bonds...
§ 15.2-2649. District refunding bonds - The governing body of any county, acting for and in...
§ 15.2-2650. Article controlling as to proceedings involving validity - The provisions of this article apply to all suits, actions...
§ 15.2-2651. Proceeding by political subdivision to establish validity; procedure; parties defendant - The governing body of any locality or other political subdivision,...
§ 15.2-2652. Service by publication of motion for judgment; parties defendant - Upon the filing of the motion for judgment the court...
§ 15.2-2653. Contesting issuance of bonds; notice and hearing; service on member of governing body, etc. - Any person, corporation, or association desiring to contest the issuance...
§ 15.2-2654. Reply by party defendant; intervention by interested parties; determination of questions; orders; precedence over other business - Any party defendant may reply to the motion for judgment...
§ 15.2-2655. Consolidation of actions or proceedings - Upon motion of the plaintiff or the issuer, the court...
§ 15.2-2656. Appeals - An appeal from the final judgment of the circuit court...
§ 15.2-2657. Decree validating bonds binding and conclusive - In the event the decree of the court validates the...
§ 15.2-2658. Bonds invalidated only for substantial defects, etc.; matters of form disregarded - No court in which a proceeding to invalidate or sustain...
§ 15.2-2659. Investigation by Governor of alleged defaults; withholding state funds from defaulting locality; payment of funds withheld; receipts, reports, etc.; magisterial and school district defaults included - Whenever it appears to the Governor from an affidavit filed...
§ 15.2-2660. Bonds not affected by project undertaken - The authorization and issuance of the bonds under this chapter...
§ 15.2-2661. Provisions of chapter controlling; powers conferred are additional - Insofar as the provisions of this chapter are inconsistent with...
§ 15.2-2662. Validation of bonds - All proceedings taken before July 1, 1991, for or with...
§ 15.2-2663. Transition - If any proceedings with respect to the authorization, issuance, sale,...