CODE OF VIRGINIA

CHAPTER SUPPLEMENTAL; APPLICATION OF OTHER LAWS; CONSENT OF LOCAL GOVERNING
BODIES OR OTHER AGENCIES NOT REQUIRED (§ 15.2-5385)

The provisions of this chapter shall be deemed to provide a complete,
additional, and alternative method for doing the things authorized herein and
shall be regarded as supplemental and additional to powers conferred by other
laws; the issuance of revenue bonds and revenue refunding bonds under the
provisions of this chapter need not comply with the requirements of any other
laws applicable to the issuance of bonds. Activities conducted pursuant to
cooperative agreements approved and supervised by the Commissioner are immunized
from challenge or scrutiny under the Commonwealth’s antitrust laws. It is
the intention of the General Assembly that this chapter shall also immunize
cooperative agreements approved and supervised by the Commissioner from
challenge or scrutiny under federal antitrust law. Except as otherwise expressly
provided in this chapter, none of the powers granted to the Authority under the
provisions of this chapter shall be subject to the supervision or regulation or
require the approval or consent of any locality or any authority, board, bureau,
or agency of any of the foregoing. Nothing in this chapter shall affect the
authority of the Attorney General to conduct appropriate reviews under §§
55-531 and 55-532.

HISTORY: 2007, c. 676; 2015, c. 741.