CODE OF VIRGINIA

ISSUANCE OF BONDS BY PARTICIPATING LOCALITIES AND VALIDATION THEREOF (§
15.2-5376)

Any participating locality may issue its general obligation bonds in the manner
provided in the Public Finance Act (§ 15.2-2600 et seq.) in furtherance of the
establishment, construction, or enlargement of a hospital or health center. The
industrial development authority of any participating locality may issue its
bonds in the manner provided in the Industrial Development and Revenue Bond Act
(§ 15.2-4900 et seq.) in furtherance of the establishment, construction,
enlargement, or operation of a nonprofit or not-for-profit hospital or health
center with the concurrence of the governing body of the participating locality.

HISTORY: 2007, c. 676; 2013, c. 660.