Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 56 - Public Recreational Facilities Authorities Act

§ 15.2-5600. Short title - This chapter shall be known and may be cited as...

§ 15.2-5601. Definitions - As used in this chapter, the following words and terms...

§ 15.2-5602. Creation of authorities - A. A locality may by ordinance or resolution, or two...

§ 15.2-5603. Board to exercise powers of authority - The powers of each authority created hereunder shall be exercised...

§ 15.2-5604. Powers of authority generally - Each authority created hereunder shall be a political subdivision of...

§ 15.2-5605. Transfers of property, appropriations and contracts by participating localities - Each participating locality is authorized and empowered: 1. To transfer...

§ 15.2-5606. Acquisition, maintenance and operation of projects; revenues from projects - The authority may acquire or construct and maintain and operate...

§ 15.2-5607. Authority to issue bonds; source of payment - The authority is authorized to issue bonds from time to...

§ 15.2-5608. Bond resolution; terms, conditions, form and execution of bonds; sale; interim receipts or temporary bonds - Bonds of the authority shall be authorized by resolution of...

§ 15.2-5609. Trust indenture or agreement to secure payment of bonds - In the discretion of the authority, any bonds issued under...

§ 15.2-5610. Fees, rents and other charges; reserves - The authority is authorized to fix, revise, charge and collect...

§ 15.2-5611. Moneys received deemed trust funds - All moneys received pursuant to the provisions of this chapter,...

§ 15.2-5612. Remedies of bondholders and trustee - Any holder of bonds, notes, certificates or other evidences of...

§ 15.2-5613. Authority to exercise a governmental function; exemption from taxation - The exercise of the powers granted by this chapter shall...

§ 15.2-5614. Bonds legal investments - Bonds issued by the authority are securities in which all...

§ 15.2-5615. Chapter to constitute complete authority for acts authorized; liberal construction - This chapter shall constitute full and complete authority, without regard...

§ 15.2-5616. Dissolution of authority; disposition of property - Whenever the board of the authority shall by resolution determine...