Virginia Public School Authority

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This is Chapter 11 of the Code of Virginia, titled “Virginia Public School Authority.” It is part of Title 22.1 “Education”.

It’s comprised of the following 20 sections.

§ 22.1-162 Definitions
§ 22.1-163 Authority created; public body corporate and agency of Commonwealth
§ 22.1-164 Board of Commissioners; membership; terms; compensation and expenses; chairman and vice-chairman; quorum; employees, agents, etc
§ 22.1-165 Management and administration of moneys, etc., transferred from Literary Fund
§ 22.1-166 Purchase and sale of local school bonds
§ 22.1-166.1 Loans to local school boards
§ 22.1-166.2 Grants to local school boards
§ 22.1-167 Issuance of bonds of Authority
§ 22.1-167.1 Refunding issues; pass-through of savings realized
§ 22.1-167.2 Security for payment; appropriations
§ 22.1-167.3 Bonds or notes issued for the purpose of making grants; security for payment; appropriations
§ 22.1-168 Security for payment and bonds; provisions of trust indenture or resolution of Board
§ 22.1-168.1 Reserve fund; limitations
§ 22.1-169 Investment of funds
§ 22.1-170 Repayments to Literary Fund
§ 22.1-171 Powers of Authority enumerated
§ 22.1-172 Bonds exempt from taxation
§ 22.1-173 Bonds legal investments
§ 22.1-174 Jurisdiction of suits against Authority; service of process
§ 22.1-175 Transfers from Literary Fund to Authority