{"law_id":"787622","section_number":"3.2-3118","catch_line":"Sale of loans","history":"2015, cc. 399, 433.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/3.2-3118\/","refers_to":false,"url":"\/3.2-3118\/","token":"3.2\/II\/D\/31.1\/3.2-3118","structure":{"1":{"id":"1110","name":"Virginia Tobacco Region Revolving Fund","identifier":"31.1","label":"chapter","url":"\/3.2\/II\/D\/31.1\/"},"2":{"id":"1109","name":"Tobacco Region Revitalization Commission And Virginia Tobacco Region Revolving Fund","identifier":"D","label":"part","url":"\/3.2\/II\/D\/"},"3":{"id":"19","name":"Boards, Councils, Foundations, And Commissions","identifier":"II","label":"subtitle","url":"\/3.2\/II\/"},"4":{"id":"18","name":"Agriculture, Animal Care, And Food","identifier":"3.2","label":"title","url":"\/3.2\/"}},"referred_to_by":false,"edition_id":"11","section_id":"787622","structure_id":"1110","full_text":"The Authority is empowered at any time and from time to time to sell, upon such terms and conditions as the Authority shall deem appropriate, any loan, or interest therein, made pursuant to this chapter. The net proceeds of sale remaining after the payment of the costs and expenses of the sale shall be designated for deposit to, and become part of, the Fund.","text":{"0":{"id":"2541106","text":"The Authority is empowered at any time and from time to time to sell, upon such terms and conditions as the Authority shall deem appropriate, any loan, or interest therein, made pursuant to this chapter. The net proceeds of sale remaining after the payment of the costs and expenses of the sale shall be designated for deposit to, and become part of, the Fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"1110","name":"Virginia Tobacco Region Revolving Fund","identifier":"31.1","label":"chapter","url":"\/3.2\/II\/D\/31.1\/"},"2":{"id":"1109","name":"Tobacco Region Revitalization Commission And Virginia Tobacco Region Revolving Fund","identifier":"D","label":"part","url":"\/3.2\/II\/D\/"},"3":{"id":"19","name":"Boards, Councils, Foundations, And Commissions","identifier":"II","label":"subtitle","url":"\/3.2\/II\/"},"4":{"id":"18","name":"Agriculture, Animal Care, And Food","identifier":"3.2","label":"title","url":"\/3.2\/"}},"structure_contents":{"0":{"id":"790356","structure_id":"1110","section_number":"3.2-3112","catch_line":"Definitions","url":"\/3.2-3112\/","token":"3.2\/II\/D\/31.1\/3.2-3112"},"1":{"id":"777442","structure_id":"1110","section_number":"3.2-3113","catch_line":"Creation and management of Virginia Tobacco Region Revolving Fund","url":"\/3.2-3113\/","token":"3.2\/II\/D\/31.1\/3.2-3113"},"2":{"id":"787686","structure_id":"1110","section_number":"3.2-3114","catch_line":"Deposit of money; expenditures; investments","url":"\/3.2-3114\/","token":"3.2\/II\/D\/31.1\/3.2-3114"},"3":{"id":"792620","structure_id":"1110","section_number":"3.2-3115","catch_line":"Collection of money due the Fund","url":"\/3.2-3115\/","token":"3.2\/II\/D\/31.1\/3.2-3115"},"4":{"id":"765950","structure_id":"1110","section_number":"3.2-3116","catch_line":"Loans to local governments","url":"\/3.2-3116\/","token":"3.2\/II\/D\/31.1\/3.2-3116"},"5":{"id":"775289","structure_id":"1110","section_number":"3.2-3117","catch_line":"Pledge of loans to secure bonds of the Authority","url":"\/3.2-3117\/","token":"3.2\/II\/D\/31.1\/3.2-3117"},"6":{"id":"787622","structure_id":"1110","section_number":"3.2-3118","catch_line":"Sale of loans","url":"\/3.2-3118\/","token":"3.2\/II\/D\/31.1\/3.2-3118"},"7":{"id":"782054","structure_id":"1110","section_number":"3.2-3119","catch_line":"Powers of the Authority","url":"\/3.2-3119\/","token":"3.2\/II\/D\/31.1\/3.2-3119"},"8":{"id":"768956","structure_id":"1110","section_number":"3.2-3120","catch_line":"Report to the General Assembly and the Governor","url":"\/3.2-3120\/","token":"3.2\/II\/D\/31.1\/3.2-3120"},"9":{"id":"774788","structure_id":"1110","section_number":"3.2-3121","catch_line":"Liberal construction of chapter","url":"\/3.2-3121\/","token":"3.2\/II\/D\/31.1\/3.2-3121"}},"previous_section":{"id":"775289","structure_id":"1110","section_number":"3.2-3117","catch_line":"Pledge of loans to secure bonds of the Authority","url":"\/3.2-3117\/","token":"3.2\/II\/D\/31.1\/3.2-3117"},"next_section":{"id":"782054","structure_id":"1110","section_number":"3.2-3119","catch_line":"Powers of the Authority","url":"\/3.2-3119\/","token":"3.2\/II\/D\/31.1\/3.2-3119"},"references":false,"formats":{"txt":"\/3.2-3118.txt","json":"\/3.2-3118.json","xml":"\/3.2-3118.xml"},"dublin_core":{"Title":"Sale of loans","Type":"Text","Format":"text\/html","Identifier":"\u00a7 3.2-3118","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nSALE OF LOANS (\u00a7 3.2-3118)\n\nThe Authority is empowered at any time and from time to time to sell, upon such\nterms and conditions as the Authority shall deem appropriate, any loan, or\ninterest therein, made pursuant to this chapter. The net proceeds of sale\nremaining after the payment of the costs and expenses of the sale shall be\ndesignated for deposit to, and become part of, the Fund.\n\nHISTORY: 2015, cc. 399, 433."}