{"law_id":"782193","section_number":"15.2-2615","catch_line":"Bonds deemed negotiable instruments","history":"Code 1950, \u00a7 15-666.44; 1958, c. 640; 1962, c. 623, \u00a7 15.1-203; 1991, c. 668, \u00a7 15.1-227.17; 1997, c. 587.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/15.2-2615\/","refers_to":false,"url":"\/15.2-2615\/","token":"15.2\/II\/26\/2\/15.2-2615","structure":{"1":{"id":"280","name":"Provisions Applicable To All Bonds","identifier":"2","label":"article","url":"\/15.2\/II\/26\/2\/"},"2":{"id":"279","name":"Public Finance Act","identifier":"26","label":"chapter","url":"\/15.2\/II\/26\/"},"3":{"id":"62","name":"Powers Of Local Government","identifier":"II","label":"subtitle","url":"\/15.2\/II\/"},"4":{"id":"46","name":"Counties, Cities And Towns","identifier":"15.2","label":"title","url":"\/15.2\/"}},"referred_to_by":false,"edition_id":"11","section_id":"782193","structure_id":"280","full_text":"Notwithstanding any of the foregoing provisions of this chapter or any recitals in any bonds issued under the provisions of this chapter, all bonds shall be deemed to be negotiable instruments under the laws of the Commonwealth.","text":{"0":{"id":"2522793","text":"Notwithstanding any of the foregoing provisions of this chapter or any recitals in any bonds issued under the provisions of this chapter, all bonds shall be deemed to be negotiable instruments under the laws of the Commonwealth.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"280","name":"Provisions Applicable To All Bonds","identifier":"2","label":"article","url":"\/15.2\/II\/26\/2\/"},"2":{"id":"279","name":"Public Finance Act","identifier":"26","label":"chapter","url":"\/15.2\/II\/26\/"},"3":{"id":"62","name":"Powers Of Local Government","identifier":"II","label":"subtitle","url":"\/15.2\/II\/"},"4":{"id":"46","name":"Counties, Cities And Towns","identifier":"15.2","label":"title","url":"\/15.2\/"}},"structure_contents":{"0":{"id":"772263","structure_id":"280","section_number":"15.2-2604","catch_line":"Powers generally","url":"\/15.2-2604\/","token":"15.2\/II\/26\/2\/15.2-2604"},"1":{"id":"778909","structure_id":"280","section_number":"15.2-2605","catch_line":"Collection of rents and charges; liens on real estate; discharge and enforcement of liens","url":"\/15.2-2605\/","token":"15.2\/II\/26\/2\/15.2-2605"},"2":{"id":"778724","structure_id":"280","section_number":"15.2-2606","catch_line":"Public hearing before issuance of bonds","url":"\/15.2-2606\/","token":"15.2\/II\/26\/2\/15.2-2606"},"3":{"id":"765145","structure_id":"280","section_number":"15.2-2607","catch_line":"Provisions which may be embodied in bond ordinances or resolution; adoption; filing copy with court","url":"\/15.2-2607\/","token":"15.2\/II\/26\/2\/15.2-2607"},"4":{"id":"768099","structure_id":"280","section_number":"15.2-2608","catch_line":"Bonds for revenue-producing undertakings","url":"\/15.2-2608\/","token":"15.2\/II\/26\/2\/15.2-2608"},"5":{"id":"793308","structure_id":"280","section_number":"15.2-2609","catch_line":"Covenants relating to issuance of revenue bonds","url":"\/15.2-2609\/","token":"15.2\/II\/26\/2\/15.2-2609"},"6":{"id":"770195","structure_id":"280","section_number":"15.2-2610","catch_line":"Request for referendum filed with court; order for election; notice","url":"\/15.2-2610\/","token":"15.2\/II\/26\/2\/15.2-2610"},"7":{"id":"788631","structure_id":"280","section_number":"15.2-2611","catch_line":"Holding of election; order authorizing bonds; authority of governing body","url":"\/15.2-2611\/","token":"15.2\/II\/26\/2\/15.2-2611"},"8":{"id":"775407","structure_id":"280","section_number":"15.2-2612","catch_line":"Dating; rate of interest; maturity; denomination; place of payment","url":"\/15.2-2612\/","token":"15.2\/II\/26\/2\/15.2-2612"},"9":{"id":"791455","structure_id":"280","section_number":"15.2-2613","catch_line":"Form and manner of execution; signature of person ceasing to be officer","url":"\/15.2-2613\/","token":"15.2\/II\/26\/2\/15.2-2613"},"10":{"id":"777428","structure_id":"280","section_number":"15.2-2614","catch_line":"Bearer, registered or book entry form","url":"\/15.2-2614\/","token":"15.2\/II\/26\/2\/15.2-2614"},"11":{"id":"782193","structure_id":"280","section_number":"15.2-2615","catch_line":"Bonds deemed negotiable instruments","url":"\/15.2-2615\/","token":"15.2\/II\/26\/2\/15.2-2615"},"12":{"id":"784413","structure_id":"280","section_number":"15.2-2616","catch_line":"Interim receipts or temporary bonds exchangeable for definitive bonds","url":"\/15.2-2616\/","token":"15.2\/II\/26\/2\/15.2-2616"},"13":{"id":"785093","structure_id":"280","section_number":"15.2-2617","catch_line":"Sale of bonds","url":"\/15.2-2617\/","token":"15.2\/II\/26\/2\/15.2-2617"},"14":{"id":"784697","structure_id":"280","section_number":"15.2-2618","catch_line":"Disposition of proceeds; separate fund","url":"\/15.2-2618\/","token":"15.2\/II\/26\/2\/15.2-2618"},"15":{"id":"772117","structure_id":"280","section_number":"15.2-2619","catch_line":"Investment of proceeds pending application to authorized purpose","url":"\/15.2-2619\/","token":"15.2\/II\/26\/2\/15.2-2619"},"16":{"id":"795644","structure_id":"280","section_number":"15.2-2620","catch_line":"Bonds made legal investments","url":"\/15.2-2620\/","token":"15.2\/II\/26\/2\/15.2-2620"},"17":{"id":"790675","structure_id":"280","section_number":"15.2-2621","catch_line":"Bonds mutilated, lost or destroyed","url":"\/15.2-2621\/","token":"15.2\/II\/26\/2\/15.2-2621"},"18":{"id":"765468","structure_id":"280","section_number":"15.2-2622","catch_line":"Destruction of bonds and coupons after payment in full","url":"\/15.2-2622\/","token":"15.2\/II\/26\/2\/15.2-2622"},"19":{"id":"781156","structure_id":"280","section_number":"15.2-2623","catch_line":"Defeasance of indebtedness; rights of owners","url":"\/15.2-2623\/","token":"15.2\/II\/26\/2\/15.2-2623"},"20":{"id":"792572","structure_id":"280","section_number":"15.2-2624","catch_line":"Tax to pay principal and interest","url":"\/15.2-2624\/","token":"15.2\/II\/26\/2\/15.2-2624"},"21":{"id":"787511","structure_id":"280","section_number":"15.2-2625","catch_line":"Deposit of funds; security; investment of funds","url":"\/15.2-2625\/","token":"15.2\/II\/26\/2\/15.2-2625"},"22":{"id":"788202","structure_id":"280","section_number":"15.2-2626","catch_line":"Contracts concerning interest rates, currency, cash flow or other basis","url":"\/15.2-2626\/","token":"15.2\/II\/26\/2\/15.2-2626"},"23":{"id":"782436","structure_id":"280","section_number":"15.2-2627","catch_line":"Time for contesting validity of proposed bond issue; when bonds presumed valid","url":"\/15.2-2627\/","token":"15.2\/II\/26\/2\/15.2-2627"},"24":{"id":"794333","structure_id":"280","section_number":"15.2-2628","catch_line":"Notes in anticipation of bond issue","url":"\/15.2-2628\/","token":"15.2\/II\/26\/2\/15.2-2628"},"25":{"id":"768732","structure_id":"280","section_number":"15.2-2629","catch_line":"Loans to meet appropriations for current year","url":"\/15.2-2629\/","token":"15.2\/II\/26\/2\/15.2-2629"},"26":{"id":"767349","structure_id":"280","section_number":"15.2-2630","catch_line":"Loans in anticipation of federal and state funds","url":"\/15.2-2630\/","token":"15.2\/II\/26\/2\/15.2-2630"},"27":{"id":"795844","structure_id":"280","section_number":"15.2-2631","catch_line":"Terms of temporary loans","url":"\/15.2-2631\/","token":"15.2\/II\/26\/2\/15.2-2631"}},"previous_section":{"id":"777428","structure_id":"280","section_number":"15.2-2614","catch_line":"Bearer, registered or book entry form","url":"\/15.2-2614\/","token":"15.2\/II\/26\/2\/15.2-2614"},"next_section":{"id":"784413","structure_id":"280","section_number":"15.2-2616","catch_line":"Interim receipts or temporary bonds exchangeable for definitive bonds","url":"\/15.2-2616\/","token":"15.2\/II\/26\/2\/15.2-2616"},"references":false,"formats":{"txt":"\/15.2-2615.txt","json":"\/15.2-2615.json","xml":"\/15.2-2615.xml"},"dublin_core":{"Title":"Bonds deemed negotiable instruments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2615","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nBONDS DEEMED NEGOTIABLE INSTRUMENTS (\u00a7 15.2-2615)\n\nNotwithstanding any of the foregoing provisions of this chapter or any recitals\nin any bonds issued under the provisions of this chapter, all bonds shall be\ndeemed to be negotiable instruments under the laws of the Commonwealth.\n\nHISTORY: Code 1950, \u00a7 15-666.44; 1958, c. 640; 1962, c. 623, \u00a7 15.1-203; 1991,\nc. 668, \u00a7 15.1-227.17; 1997, c. 587."}