Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
§ 15.2-5400. Short title - This chapter shall be known and may be cited as...
§ 15.2-5401. Intent of General Assembly - It is the intent of the General Assembly by the...
§ 15.2-5402. Definitions - Wherever used in this chapter, unless a different meaning clearly...
§ 15.2-5403. Creation of electric authority; referendum - The governing body of a governmental unit may by ordinance,...
§ 15.2-5404. Articles of incorporation - Each ordinance or agreement providing for the creation of an...
§ 15.2-5405. Certificate of incorporation or charter; addition and withdrawal of members; board of directors; indemnification of directors, officers or employees - A. After adoption or approval of the ordinances or agreement...
§ 15.2-5405.1. Applicability of personnel and procurement procedures to certain authorities - The provisions of the Virginia Personnel Act (§ 2.2-2900 et...
§ 15.2-5406. Rights, powers and duties of authority - An authority shall have all of the rights and powers...
§ 15.2-5406.1. Retail distribution of electric energy limited to certain authorities - Notwithstanding any other provision in this chapter to the contrary,...
§ 15.2-5406.2. Tort claims against certain authorities - An authority created by a governmental unit exempt from the...
§ 15.2-5407. Membership in more than one authority - Nothing herein contained shall prohibit any governmental unit from being...
§ 15.2-5408. Sale of power and energy, including capacity and output to member governmental units by authority; duration of contracts; source of payments; furnishing of money, property or services by member governmental units - Any member governmental unit of an authority may contract to...
§ 15.2-5409. Sale of capacity and output to nonmembers; limitations - An authority may sell or exchange the capacity or output...
§ 15.2-5410. Contents of agreement as to joint ownership of project; designation of party to agreement as agent for construction, operation and maintenance of project; powers and duties of agent - Any agreement between an authority and a unit with respect...
§ 15.2-5411. Contracts for planning, acquisition, construction, etc., of projects - An authority may contract for the planning, acquisition, construction, reconstruction,...
§ 15.2-5412. Issuance of bonds by authority - An authority may issue from time to time its bonds...
§ 15.2-5413. Interim receipts and temporary bonds; lost, stolen and destroyed bonds - Prior to the preparation of definitive bonds, the authority may...
§ 15.2-5414. Bonds not debts of Commonwealth or member governmental unit - Bonds issued under the provisions of this chapter shall not...
§ 15.2-5415. Security for bonds; trust agreement; bond resolution - In the discretion of any authority, any revenue bonds issued...
§ 15.2-5416. Rents, rates, fees and other charges - The authority is hereby authorized to fix, charge and collect...
§ 15.2-5417. Moneys received deemed trust funds - Notwithstanding any other provisions of law to the contrary, all...
§ 15.2-5418. Bondholders' and trustees' remedies - Any holder of bonds issued under the provisions of this...
§ 15.2-5419. Refunding bonds - An authority created hereunder is hereby authorized to provide by...
§ 15.2-5420. Status of bonds under Uniform Commercial Code - Notwithstanding any of the provisions of this chapter or any...
§ 15.2-5421. Bonds as legal investments and lawful security - The bonds issued pursuant to this chapter shall be and...
§ 15.2-5422. Bonds exempt from taxation - Bonds, their transfer and the income therefrom, including any profit...
§ 15.2-5423. Payments in lieu of property taxes; license tax - A project owned by an authority shall be exempt from...
§ 15.2-5423.1. Exemption from taxation for certain authorities - An authority created by a governmental unit exempt from the...
§ 15.2-5424. Transfer, etc., of property of political subdivisions upon request of authority - The governing body of any political subdivision, notwithstanding any contrary...
§ 15.2-5425. Eminent domain - An authority created under the provisions of this chapter is...
§ 15.2-5426. Annual reports - Each authority, promptly following the close of the calendar year,...
§ 15.2-5427. Liability of members or officers - No member of any authority or officer of any governing...
§ 15.2-5428. Dissolution of authority - Whenever the board of directors of an authority and its...
§ 15.2-5429. Legislative consent to application of laws of other states - Legislative consent is hereby given (i) to the application of...
§ 15.2-5430. Provisions of chapter cumulative; construction - Neither this chapter nor anything herein contained shall be construed...
§ 15.2-5431. Provisions of chapter controlling over other statutes and charters - Any provision of this chapter which is found to be...