Virginia Resources Authority

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This is Chapter 21 of the Code of Virginia, titled “Virginia Resources Authority.” It is part of Title 62.1 “Waters of the State, Ports and Harbors”.

It’s comprised of the following 28 sections.

§ 62.1-197 Short title
§ 62.1-198 Legislative findings and purposes
§ 62.1-199 Definitions
§ 62.1-200 Creation of Authority
§ 62.1-201 Board of Directors
§ 62.1-202 Appointment and duties of Executive Director
§ 62.1-203 Powers of Authority
§ 62.1-204 Power to borrow money and issue bonds and credit enhancements
§ 62.1-205 Power to issue refunding bonds
§ 62.1-206 Sources of payment and security for bonds and credit enhancements
§ 62.1-207 Liability of Commonwealth, political subdivisions and members of board of directors
§ 62.1-208 Authorization, content and sale of bonds and credit enhancements
§ 62.1-209 Provisions of resolution or trust indenture authorizing issuance of bonds
§ 62.1-210 Pledge by Authority
§ 62.1-211 Purchase of bonds by Authority
§ 62.1-212 Bonds as negotiable instruments
§ 62.1-213 Validity of signatures of prior members or officers
§ 62.1-214 Bondholder protection
§ 62.1-215 Establishment of capital reserve funds
§ 62.1-216 Purchase and credit enhancements of local obligations
§ 62.1-216.1 Investigation by Governor of nonpayments; withholding state funds from nonpaying locality; payment of funds withheld; receipts, reports, etc
§ 62.1-217 Grants from Commonwealth
§ 62.1-218 Grants to local governments
§ 62.1-219 Exemption from taxation
§ 62.1-220 Bonds as legal investments and securities
§ 62.1-221 Deposit of money; expenditures; security for deposits
§ 62.1-222 Annual reports; audit
§ 62.1-223 Liberal construction of chapter