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54 chapters · 1,347 sections in this title.
Va. Code Ann. § 2.2-5000 Governmental instrumentalities authorized to issue bonds, etc., at rates of interest in excess of legal limits; sale of such bonds
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A. Notwithstanding any limitation contained in any general or special law or in any charter of any city or town of the Commonwealth, a governmental instrumentality, which under law has the power to issue bonds, notes or other obligations (herein collectively called "bonds") to pr…
Va. Code Ann. § 2.2-5001 Manner of exercising authority
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The authority vested in governmental instrumentalities under the provisions of this chapter may be exercised by the body authorized to issue such bonds without securing the further approval of any other body, board or agency that may have approved the issuance of such bonds and, …
Va. Code Ann. § 2.2-5002 Power to issue obligations not to be denied because interest is subject to federal income taxation
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The power of any governmental instrumentality, to issue or have issued on its behalf for authorized purposes, bonds, shall not be construed to be restricted or limited solely because the interest thereon is subject, in whole or in part, directly or indirectly, to federal income t…
Va. Code Ann. § 2.2-5002.1 Commonwealth tax-supported debt authorizations and treatment of net original issue premium
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A. As used in this section, unless the context requires a different meaning: "De minimis amount" means an amount not to exceed two percent of the principal amount of tax-supported debt to be issued or incurred as part of the same series or issue; "Net original issue premium" mean…