{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-5208.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-5208.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-5208.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-5208.html"}],"law_id":348633,"edition_id":2,"section_id":348633,"structure_id":49996,"section_number":"15.2-5208","catch_line":"Issuance and sale of bonds","history":"Code 1950, \u00a7 32-282; 1979, c. 719, \u00a7 15.1-1522; 1997, c. 587.","full_text":"Any bonds issued by a hospital or health center commission may be issued in one or more series, shall bear such date or dates, mature at such time or times, bear interest at such rate or rates payable at such time or times, be in such denominations, be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, be subject to such terms of redemption, with or without premium, as the commission by resolution may prescribe. Such bonds may be sold at public or private sale for such price or prices as the commission determines.\n\n","order_by":null,"text":{"0":{"id":1299815,"text":"Any bonds issued by a hospital or health center commission may be issued in one or more series, shall bear such date or dates, mature at such time or times, bear interest at such rate or rates payable at such time or times, be in such denominations, be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, be subject to such terms of redemption, with or without premium, as the commission by resolution may prescribe. Such bonds may be sold at public or private sale for such price or prices as the commission determines.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":49996,"edition_id":2,"name":"Hospital or Health Center Commissions","identifier":"52","label":"chapter","depth":3,"order_by":10,"parent_id":49964,"metadata":{"child_laws":20,"child_structures":0},"date_created":"2026-08-02 02:19:36","date_modified":"2026-08-02 12:29:52","permalink":{"id":1385719,"object_type":"structure","relational_id":49996,"identifier":"52","token":"15.2\/IV\/52","url":"\/15.2\/IV\/52\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49964,"edition_id":2,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":49831,"metadata":{"child_laws":721,"child_structures":68},"date_created":"2026-08-02 02:19:12","date_modified":"2026-08-02 12:29:48","permalink":{"id":1384899,"object_type":"structure","relational_id":49964,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49831,"edition_id":2,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":46,"parent_id":null,"metadata":{"child_laws":2297,"child_structures":225},"date_created":"2026-08-02 02:16:22","date_modified":"2026-08-02 12:29:22","permalink":{"id":1378281,"object_type":"structure","relational_id":49831,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":348625,"structure_id":49996,"section_number":"15.2-5200","catch_line":"Creation of commission","url":"\/15.2-5200\/","token":"15.2\/IV\/52\/15.2-5200","metadata":{"court_decisions":{"0":{"name":" .\u202f.\u202f. Short Pump Town Center Community Development Authority v. .\u202f.\u202f. ","case_number":"Record 010456","citation":"554 S.E.2d 441","date":"2001-11-02","url":"https:\/\/www.courtlistener.com\/opinion\/1059406\/short-pump-town-center-community-development-authority-v-hahn\/","abstract":" .\u202f.\u202f. 554 S.E.2d 441 (2001) .\u202f.\u202f. ","court_html":"SCV<\/abbr>"}}}},{"id":348626,"structure_id":49996,"section_number":"15.2-5201","catch_line":"Definitions","url":"\/15.2-5201\/","token":"15.2\/IV\/52\/15.2-5201","metadata":{"court_decisions":{"0":{"name":"Jean Moreau & Assoc. v. Health Center Comm'n","case_number":"101352","citation":null,"date":"2012-01-13","url":"https:\/\/www.courtlistener.com\/opinion\/1057954\/jean-moreau-assoc-v-health-center-commn\/","abstract":" .\u202f.\u202f. Present: Kinser, C.J., Lemons, Goodwyn, Millette, Mims, .\u202f.\u202f. ","court_html":"SCV<\/abbr>"}}}},{"id":348627,"structure_id":49996,"section_number":"15.2-5202","catch_line":"When governing bodies may declare need for commission","url":"\/15.2-5202\/","token":"15.2\/IV\/52\/15.2-5202","metadata":false},{"id":348628,"structure_id":49996,"section_number":"15.2-5203","catch_line":"Effect of adoption of resolution","url":"\/15.2-5203\/","token":"15.2\/IV\/52\/15.2-5203","metadata":false},{"id":348629,"structure_id":49996,"section_number":"15.2-5204","catch_line":"Members of commission; quorum; compensation; expenses; removal and vacancies","url":"\/15.2-5204\/","token":"15.2\/IV\/52\/15.2-5204","metadata":false},{"id":348630,"structure_id":49996,"section_number":"15.2-5205","catch_line":"Powers of commission","url":"\/15.2-5205\/","token":"15.2\/IV\/52\/15.2-5205","metadata":false},{"id":348631,"structure_id":49996,"section_number":"15.2-5206","catch_line":"Appropriations to commission","url":"\/15.2-5206\/","token":"15.2\/IV\/52\/15.2-5206","metadata":false},{"id":348632,"structure_id":49996,"section_number":"15.2-5207","catch_line":"Issuance of bonds by political subdivisions and validation thereof","url":"\/15.2-5207\/","token":"15.2\/IV\/52\/15.2-5207","metadata":{"court_decisions":""}},{"id":348633,"structure_id":49996,"section_number":"15.2-5208","catch_line":"Issuance and sale of bonds","url":"\/15.2-5208\/","token":"15.2\/IV\/52\/15.2-5208","metadata":{"court_decisions":""}},{"id":348634,"structure_id":49996,"section_number":"15.2-5209","catch_line":"Provisions to secure payment of bonds","url":"\/15.2-5209\/","token":"15.2\/IV\/52\/15.2-5209","metadata":{"court_decisions":""}},{"id":348636,"structure_id":49996,"section_number":"15.2-5210","catch_line":"Bonds made legal investments","url":"\/15.2-5210\/","token":"15.2\/IV\/52\/15.2-5210","metadata":{"court_decisions":""}},{"id":348637,"structure_id":49996,"section_number":"15.2-5211","catch_line":"Bonds payable from revenues of hospital or health centers","url":"\/15.2-5211\/","token":"15.2\/IV\/52\/15.2-5211","metadata":false},{"id":348638,"structure_id":49996,"section_number":"15.2-5212","catch_line":"Property of commission exempt from foreclosure or execution sale and judgment lien","url":"\/15.2-5212\/","token":"15.2\/IV\/52\/15.2-5212","metadata":false},{"id":348639,"structure_id":49996,"section_number":"15.2-5213","catch_line":"Receiver","url":"\/15.2-5213\/","token":"15.2\/IV\/52\/15.2-5213","metadata":{"court_decisions":""}},{"id":348640,"structure_id":49996,"section_number":"15.2-5214","catch_line":"Eminent domain","url":"\/15.2-5214\/","token":"15.2\/IV\/52\/15.2-5214","metadata":false},{"id":348641,"structure_id":49996,"section_number":"15.2-5215","catch_line":"Records and reports","url":"\/15.2-5215\/","token":"15.2\/IV\/52\/15.2-5215","metadata":{"court_decisions":""}},{"id":348642,"structure_id":49996,"section_number":"15.2-5216","catch_line":"When court may enter order declaring need for commission no longer exists","url":"\/15.2-5216\/","token":"15.2\/IV\/52\/15.2-5216","metadata":false},{"id":348643,"structure_id":49996,"section_number":"15.2-5217","catch_line":"Finality of order; effect","url":"\/15.2-5217\/","token":"15.2\/IV\/52\/15.2-5217","metadata":{"court_decisions":""}},{"id":348644,"structure_id":49996,"section_number":"15.2-5218","catch_line":"Appeal from order; supersedeas","url":"\/15.2-5218\/","token":"15.2\/IV\/52\/15.2-5218","metadata":{"court_decisions":""}},{"id":348645,"structure_id":49996,"section_number":"15.2-5219","catch_line":"Chapter supplemental; application of other laws; consent of local governing bodies or other agencies not required","url":"\/15.2-5219\/","token":"15.2\/IV\/52\/15.2-5219","metadata":false}],"previous_section":{"id":348632,"structure_id":49996,"section_number":"15.2-5207","catch_line":"Issuance of bonds by political subdivisions and validation thereof","url":"\/15.2-5207\/","token":"15.2\/IV\/52\/15.2-5207","metadata":{"court_decisions":""}},"next_section":{"id":348634,"structure_id":49996,"section_number":"15.2-5209","catch_line":"Provisions to secure payment of bonds","url":"\/15.2-5209\/","token":"15.2\/IV\/52\/15.2-5209","metadata":{"court_decisions":""}},"metadata":{"court_decisions":""},"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5208\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1979, chapter 719; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1385753,"object_type":"law","relational_id":348633,"identifier":"15.2-5208","token":"15.2\/IV\/52\/15.2-5208","url":"\/15.2-5208\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-5208\/","token":"15.2\/IV\/52\/15.2-5208","dublin_core":{"Title":"Issuance and sale of bonds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5208","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Any bonds<\/span> issued by a hospital or health center<\/span> commission may be issued in one or more series, shall bear such date or dates, mature at such time or times, bear interest at such rate or rates payable at such time or times, be in such denominations, be in such form, either coupon or registered, carry such registration privileges<\/span>, be executed in such manner, be payable in such medium of payment, at such place or places, be subject to such terms of redemption<\/span>, with or without premium, as the commission by resolution may prescribe. Such bonds<\/span> may be sold at public or private sale for such price or prices as the commission determines.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nISSUANCE AND SALE OF BONDS (\u00a7 15.2-5208)\n\nAny bonds issued by a hospital or health center commission may be issued in one\nor more series, shall bear such date or dates, mature at such time or times,\nbear interest at such rate or rates payable at such time or times, be in such\ndenominations, be in such form, either coupon or registered, carry such\nregistration privileges, be executed in such manner, be payable in such medium\nof payment, at such place or places, be subject to such terms of redemption,\nwith or without premium, as the commission by resolution may prescribe. Such\nbonds may be sold at public or private sale for such price or prices as the\ncommission determines.\n\nHISTORY: Code 1950, \u00a7 32-282; 1979, c. 719, \u00a7 15.1-1522; 1997, c. 587.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}