Transportation Development And Revenue Bond Act
This is Chapter 17 of the Code of Virginia, titled “Transportation Development And Revenue Bond Act.” It is part of Title 33.2, titled “Highways And Other Surface Transportation Systems.” It is part of Subtitle III, titled “Transportation Funding And Development.” It’s comprised of the following 30 sections.
- § 33.2-1700
- Definitions
- § 33.2-1701
- General powers of Commonwealth Transportation Board
- § 33.2-1702
- Acquisition and construction of projects
- § 33.2-1703
- Purchase of projects
- § 33.2-1704
- Condemnation of projects and property
- § 33.2-1705
- Improvement of projects acquired
- § 33.2-1706
- Construction of projects
- § 33.2-1707
- Highway connections
- § 33.2-1708
- Revenue bonds
- § 33.2-1709
- Credit of Commonwealth not pledged
- § 33.2-1710
- Form and terms of bonds
- § 33.2-1711
- No other prerequisites to issue of bonds
- § 33.2-1712
- Limitations and approvals for certain revenue bonds
- § 33.2-1713
- Sale of bonds; bonds as legal investments
- § 33.2-1714
- Use of proceeds of sale of bonds
- § 33.2-1715
- Financing two or more projects together
- § 33.2-1716
- All moneys to be trust funds
- § 33.2-1717
- Trust indenture
- § 33.2-1718
- Revenues
- § 33.2-1719
- Reserve funds and appropriations
- § 33.2-1720
- Sinking fund
- § 33.2-1721
- Cessation of tolls
- § 33.2-1722
- Use of certain funds by Board
- § 33.2-1723
- Contributions
- § 33.2-1724
- Remedies of bondholders and trustee
- § 33.2-1725
- Competing bridges, ferries, and tunnels
- § 33.2-1726
- Incidental powers of the Board
- § 33.2-1727
- Revenue refunding bonds and revenue bonds for combined purposes
- § 33.2-1728
- Chapter provides alternative method
- § 33.2-1729
- Chapter liberally construed