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74 chapters · 1,138 sections in this title.
Va. Code Ann. § 3.2-3112 Definitions
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As used in this chapter, unless the context requires a different meaning: "Authority" means the Virginia Resources Authority created in Chapter 21 (§ 62.1-197 et seq.) of Title 62.1. "Commission" means the Tobacco Region Revitalization Commission created pursuant to § 3.2-3101. "…
Va. Code Ann. § 3.2-3113 Creation and management of Virginia Tobacco Region Revolving Fund
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A. There shall be set apart as a permanent and perpetual fund, to be known as the Virginia Tobacco Region Revolving Fund, with a sum of up to $50 million made available from (i) the corpus of the taxable portion of the Endowment paid to the Fund per request from the Commission wi…
Va. Code Ann. § 3.2-3114 Deposit of money; expenditures; investments
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A. All money belonging to the Fund shall be deposited in an account or accounts in banks or trust companies organized under the laws of the Commonwealth, national banking associations located in the Commonwealth, or savings institutions located in the Commonwealth and organized u…
Va. Code Ann. § 3.2-3115 Collection of money due the Fund
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The Authority is empowered to collect, or to authorize others to collect on its behalf, amounts due to the Fund under any loan to a local government, including, if appropriate, by taking the action required by § 15.2-2659 or 62.1-216.1 to obtain payment of any amounts in default.…