Virginia Small Business Financing Authority

This is Article 7 of the Code of Virginia, titled “Virginia Small Business Financing Authority.” It is part of Title 2.2, titled “Administration Of Government.” It is part of Subtitle I, titled “Organization Of State Government.” It is part of Part D, titled “State Authorities, Boards, Commissions, Councils, Foundations And Other Collegial Bodies.” It is part of Chapter 22, titled “Authorities.” It’s comprised of the following 36 sections.

§ 2.2-2279
Short title; definitions
§ 2.2-2280
Declaration of public purpose; Authority created
§ 2.2-2281
Construction of article
§ 2.2-2282
Board of directors; membership; terms, compensation and expenses; chairman, vice-chairman, secretary and treasurer; quorum; staff
§ 2.2-2283
Meetings of the Board
§ 2.2-2284
Executive Director; appointment; duties
§ 2.2-2285
Powers of the Authority
§ 2.2-2286
Power to condemn
§ 2.2-2287
Power to borrow money and issue bonds
§ 2.2-2288
Power to issue bonds to purchase ninety percent guaranteed portion of loans
§ 2.2-2289
Power to issue umbrella bonds
§ 2.2-2290
Insurance or guarantee fund
§ 2.2-2291
Security for bonds; fees and expenses; limitations
§ 2.2-2293
Loans to lenders; conditions
§ 2.2-2294
Investment in, purchase or assignment of loans; conditions
§ 2.2-2295
Regulations of the Authority
§ 2.2-2296
How bonds paid and secured
§ 2.2-2297
Liability of Commonwealth, political subdivisions and members of Board
§ 2.2-2298
Authorization of bonds by resolution; contents of bond sale; manner
§ 2.2-2299
Resolution authorizing issuance of bonds; provisions
§ 2.2-2300
Pledge by Authority
§ 2.2-2301
Purchase of bonds of Authority
§ 2.2-2302
Bonds secured by indenture; contents; expenses; how treated
§ 2.2-2303
Signatures of prior members or officers; validity
§ 2.2-2304
Deposit of money; expenditures; security for deposits
§ 2.2-2305
Contracts with holders of bonds; how money secured
§ 2.2-2306
Bondholder protection
§ 2.2-2307
Bonds as legal investments and securities
§ 2.2-2308
Expenses of Authority; liability of Commonwealth or political subdivision prohibited
§ 2.2-2309
Creation, administration, and management of Virginia Export Fund
§ 2.2-2310
Creation, administration, and management of Virginia Small Business Growth Fund
§ 2.2-2311
Repealed
§ 2.2-2311.1
Creation, administration, and management of the Small, Women-owned, and Minority-owned Business Loan Fund
§ 2.2-2312
Annual report; audit
§ 2.2-2313
Exemption from taxation
§ 2.2-2314
Administrative Process Act not applicable