{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-6011.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-6011.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-6011.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-6011.html"}],"law_id":348951,"edition_id":2,"section_id":348951,"structure_id":50017,"section_number":"15.2-6011","catch_line":"Eligible use of funds","history":"1988, c. 833, \u00a7 15.1-1646; 1990, c. 341; 1992, c. 32; 1993, c. 771; 1994, cc. 615, 674; 1997, c. 587; 2004, cc. 36, 177.","full_text":"The Authority is hereby empowered to pledge its funds, and make loans and grants to or for the benefit of for-profit enterprises or entities; governmental or corporate instrumentalities in the coalfield region of Virginia (including any political subdivision of the Commonwealth and the Breaks Interstate Park); not-for-profit enterprises or entities; nonprofit industrial development corporations; economic development authorities; or industrial development authorities for financing the following:\n\n1\n\nPurchase of real estate;\n\n2\n\nGrading of site(s);\n\n3\n\nConstruction of flood control dams;\n\n4\n\nWater, sewer, natural gas and electrical line replacement and extensions;\n\n5\n\nConstruction or rehabilitation or expansion of buildings;\n\n6\n\nConstruction of parking facilities;\n\n7\n\nAccess roads construction and street improvements;\n\n8\n\nPurchase, lease, or relocation of machinery, tools, equipment, furniture, software, or other personal property;\n\n9\n\nConstruction of improvements outside the Commonwealth if in the Breaks Interstate Park;\n\n10\n\nFeasibility studies, site studies, preliminary engineering or architectural reports, and other studies and plans;\n\n11\n\nSuch other improvements, projects, activities, or purposes as the Authority deems necessary to accomplish its purpose; and\n\n12\n\nCosts and expenses associated with any item listed in subdivisions 1 through 11, including, but not limited to, architectural, engineering, consulting, legal, closing, installation, delivery, and assembly expenses.\n\n","order_by":null,"text":{"0":{"id":1300726,"text":"The Authority is hereby empowered to pledge its funds, and make loans and grants to or for the benefit of for-profit enterprises or entities; governmental or corporate instrumentalities in the coalfield region of Virginia (including any political subdivision of the Commonwealth and the Breaks Interstate Park); not-for-profit enterprises or entities; nonprofit industrial development corporations; economic development authorities; or industrial development authorities for financing the following:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1300727,"text":"Purchase of real estate;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1300728,"text":"Grading of site(s);","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":1300729,"text":"Construction of flood control dams;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":1300730,"text":"Water, sewer, natural gas and electrical line replacement and extensions;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":1300731,"text":"Construction or rehabilitation or expansion of buildings;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":1300732,"text":"Construction of parking facilities;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":1300733,"text":"Access roads construction and street improvements;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":1300734,"text":"Purchase, lease, or relocation of machinery, tools, equipment, furniture, software, or other personal property;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":1300735,"text":"Construction of improvements outside the Commonwealth if in the Breaks Interstate Park;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":1300736,"text":"Feasibility studies, site studies, preliminary engineering or architectural reports, and other studies and plans;","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":1300737,"text":"Such other improvements, projects, activities, or purposes as the Authority deems necessary to accomplish its purpose; and","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10","next_prefix":"12"},"12":{"id":1300738,"text":"Costs and expenses associated with any item listed in subdivisions 1 through 11, including, but not limited to, architectural, engineering, consulting, legal, closing, installation, delivery, and assembly expenses.","type":"section","prefixes":["12"],"prefix":"12","entire_prefix":"12","prefix_anchor":"12","level":1,"prior_prefix":"11"}},"ancestry":[{"id":50017,"edition_id":2,"name":"Virginia Coalfield Economic Development Authority","identifier":"60","label":"chapter","depth":3,"order_by":22,"parent_id":49964,"metadata":{"child_laws":16,"child_structures":0},"date_created":"2026-08-02 02:20:16","date_modified":"2026-08-02 12:29:54","permalink":{"id":1386921,"object_type":"structure","relational_id":50017,"identifier":"60","token":"15.2\/IV\/60","url":"\/15.2\/IV\/60\/","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":348939,"structure_id":50017,"section_number":"15.2-6000","catch_line":"Authority created; name","url":"\/15.2-6000\/","token":"15.2\/IV\/60\/15.2-6000","metadata":false},{"id":348940,"structure_id":50017,"section_number":"15.2-6001","catch_line":"Findings of fact","url":"\/15.2-6001\/","token":"15.2\/IV\/60\/15.2-6001","metadata":false},{"id":348941,"structure_id":50017,"section_number":"15.2-6002","catch_line":"Purpose of Authority; performs governmental function","url":"\/15.2-6002\/","token":"15.2\/IV\/60\/15.2-6002","metadata":false},{"id":348942,"structure_id":50017,"section_number":"15.2-6003","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6003\/","token":"15.2\/IV\/60\/15.2-6003","metadata":false},{"id":348943,"structure_id":50017,"section_number":"15.2-6004","catch_line":"Office of Authority; title to property","url":"\/15.2-6004\/","token":"15.2\/IV\/60\/15.2-6004","metadata":false},{"id":348944,"structure_id":50017,"section_number":"15.2-6005","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6005\/","token":"15.2\/IV\/60\/15.2-6005","metadata":false},{"id":348945,"structure_id":50017,"section_number":"15.2-6006","catch_line":"Further powers","url":"\/15.2-6006\/","token":"15.2\/IV\/60\/15.2-6006","metadata":false},{"id":348946,"structure_id":50017,"section_number":"15.2-6007","catch_line":"Acceptance of funds, property and grants or loans","url":"\/15.2-6007\/","token":"15.2\/IV\/60\/15.2-6007","metadata":false},{"id":348947,"structure_id":50017,"section_number":"15.2-6008","catch_line":"Forms of accounts and records; audit of same","url":"\/15.2-6008\/","token":"15.2\/IV\/60\/15.2-6008","metadata":false},{"id":348948,"structure_id":50017,"section_number":"15.2-6009","catch_line":"Capitalization of Authority","url":"\/15.2-6009\/","token":"15.2\/IV\/60\/15.2-6009","metadata":false},{"id":348950,"structure_id":50017,"section_number":"15.2-6010","catch_line":"Proceeds held","url":"\/15.2-6010\/","token":"15.2\/IV\/60\/15.2-6010","metadata":false},{"id":348951,"structure_id":50017,"section_number":"15.2-6011","catch_line":"Eligible use of funds","url":"\/15.2-6011\/","token":"15.2\/IV\/60\/15.2-6011","metadata":false},{"id":348952,"structure_id":50017,"section_number":"15.2-6012","catch_line":"Dissolution of Authority","url":"\/15.2-6012\/","token":"15.2\/IV\/60\/15.2-6012","metadata":false},{"id":348953,"structure_id":50017,"section_number":"15.2-6013","catch_line":"Chapter liberally construed","url":"\/15.2-6013\/","token":"15.2\/IV\/60\/15.2-6013","metadata":false},{"id":348954,"structure_id":50017,"section_number":"15.2-6014","catch_line":"Inconsistent laws inapplicable","url":"\/15.2-6014\/","token":"15.2\/IV\/60\/15.2-6014","metadata":{"court_decisions":""}},{"id":348960,"structure_id":50017,"section_number":"15.2-6015","catch_line":"City of Norton deemed contributing jurisdiction of Wise County","url":"\/15.2-6015\/","token":"15.2\/IV\/60\/15.2-6015","metadata":false}],"previous_section":{"id":348950,"structure_id":50017,"section_number":"15.2-6010","catch_line":"Proceeds held","url":"\/15.2-6010\/","token":"15.2\/IV\/60\/15.2-6010","metadata":false},"next_section":{"id":348952,"structure_id":50017,"section_number":"15.2-6012","catch_line":"Dissolution of Authority","url":"\/15.2-6012\/","token":"15.2\/IV\/60\/15.2-6012","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6011\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 833 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 6 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 1990, chapter 341; in 1992, chapter 32; in 1993, chapter 771; in 1994, chapters 615<\/a> and 674<\/a>; in 1997, chapter 587<\/a>; in 2004, chapters 36<\/a> and 177<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1386967,"object_type":"law","relational_id":348951,"identifier":"15.2-6011","token":"15.2\/IV\/60\/15.2-6011","url":"\/15.2-6011\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-6011\/","token":"15.2\/IV\/60\/15.2-6011","dublin_core":{"Title":"Eligible use of funds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6011","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Authority is hereby empowered to pledge its funds, and make loans and grants to or for the benefit of for-profit enterprises or entities; governmental or corporate instrumentalities in the coalfield region of Virginia (including any political subdivision of the Commonwealth and the Breaks Interstate Park); not-for-profit enterprises or entities; nonprofit industrial development corporations; economic development authorities; or industrial development authorities for financing the following:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Purchase of real estate; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Grading of site(s); <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Construction of flood control dams; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Water, sewer, natural gas and electrical line replacement and extensions; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Construction or rehabilitation or expansion of buildings; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Construction of parking facilities; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Access roads construction and street improvements; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Purchase, lease, or relocation of machinery, tools, equipment, furniture, software, or other personal property; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> Construction of improvements outside the Commonwealth if in the Breaks Interstate Park; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> Feasibility studies, site studies, preliminary engineering or architectural reports, and other studies and plans; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> Such other improvements, projects, activities, or purposes as the Authority deems necessary to accomplish its purpose; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

12.<\/span> Costs and expenses associated with any item listed in subdivisions 1 through 11, including, but not limited to, architectural, engineering, consulting, legal, closing, installation, delivery, and assembly expenses. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nELIGIBLE USE OF FUNDS (\u00a7 15.2-6011)\n\nThe Authority is hereby empowered to pledge its funds, and make loans and grants\nto or for the benefit of for-profit enterprises or entities; governmental or\ncorporate instrumentalities in the coalfield region of Virginia (including any\npolitical subdivision of the Commonwealth and the Breaks Interstate Park);\nnot-for-profit enterprises or entities; nonprofit industrial development\ncorporations; economic development authorities; or industrial development\nauthorities for financing the following:\n\n1. Purchase of real estate;\n\n2. Grading of site(s);\n\n3. Construction of flood control dams;\n\n4. Water, sewer, natural gas and electrical line replacement and extensions;\n\n5. Construction or rehabilitation or expansion of buildings;\n\n6. Construction of parking facilities;\n\n7. Access roads construction and street improvements;\n\n8. Purchase, lease, or relocation of machinery, tools, equipment, furniture,\nsoftware, or other personal property;\n\n9. Construction of improvements outside the Commonwealth if in the Breaks\nInterstate Park;\n\n10. Feasibility studies, site studies, preliminary engineering or architectural\nreports, and other studies and plans;\n\n11. Such other improvements, projects, activities, or purposes as the Authority\ndeems necessary to accomplish its purpose; and\n\n12. Costs and expenses associated with any item listed in subdivisions 1 through\n11, including, but not limited to, architectural, engineering, consulting,\nlegal, closing, installation, delivery, and assembly expenses.\n\nHISTORY: 1988, c. 833, \u00a7 15.1-1646; 1990, c. 341; 1992, c. 32; 1993, c. 771;\n1994, cc. 615, 674; 1997, c. 587; 2004, cc. 36, 177.","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"}}