CODE OF VIRGINIA

LOANS AND GRANTS FOR REGIONAL PROJECTS, ETC (§ 62.1-230.1)

In approving loans and grants, the Board shall give preference to loans and
grants for projects that will (i) utilize private industry in operation and
maintenance of such projects where a material savings in cost can be shown over
public operation and maintenance or (ii) serve two or more local governments to
encourage regional cooperation or (iii) both.

HISTORY: 1992, c. 378.