{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-6614.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-6614.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-6614.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-6614.html"}],"law_id":349093,"edition_id":2,"section_id":349093,"structure_id":50028,"section_number":"15.2-6614","catch_line":"Credit of Commonwealth and political subdivisions not pledged","history":"2002, c. 766.","full_text":"Bonds issued pursuant to the provisions of this act shall not be deemed to constitute a debt of the Commonwealth, or any political subdivision thereof other than the Authority, but such bonds shall be payable solely from the funds provided therefor as herein authorized. All such bonds shall contain on the face thereof a statement to the effect that neither the Commonwealth, nor any political subdivision thereof, nor the Authority, shall be obligated to pay the same or the interest thereon or other costs incident thereto except from the revenues and money pledged therefor and that neither the faith and credit nor the taxing power of the Commonwealth, or any political subdivision thereof, is pledged to the payment of the principal of such bonds or the interest thereon or other costs incident thereto.\n\nAll expenses incurred in carrying out the provisions of this act shall be payable solely from the funds of the Authority and no liability or obligation shall be incurred by the Authority hereunder beyond the extent to which moneys shall be available to the Authority.\n\nBonds issued pursuant to the provisions of this act shall not constitute an indebtedness within the meaning of any debt limitation or restriction.\n\n","order_by":null,"text":{"0":{"id":1301187,"text":"Bonds issued pursuant to the provisions of this act shall not be deemed to constitute a debt of the Commonwealth, or any political subdivision thereof other than the Authority, but such bonds shall be payable solely from the funds provided therefor as herein authorized. All such bonds shall contain on the face thereof a statement to the effect that neither the Commonwealth, nor any political subdivision thereof, nor the Authority, shall be obligated to pay the same or the interest thereon or other costs incident thereto except from the revenues and money pledged therefor and that neither the faith and credit nor the taxing power of the Commonwealth, or any political subdivision thereof, is pledged to the payment of the principal of such bonds or the interest thereon or other costs incident thereto.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1301188,"text":"All expenses incurred in carrying out the provisions of this act shall be payable solely from the funds of the Authority and no liability or obligation shall be incurred by the Authority hereunder beyond the extent to which moneys shall be available to the Authority.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"2":{"id":1301189,"text":"Bonds issued pursuant to the provisions of this act shall not constitute an indebtedness within the meaning of any debt limitation or restriction.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":50028,"edition_id":2,"name":"Middle Peninsula Chesapeake Bay Public Access Authority Act","identifier":"66","label":"chapter","depth":3,"order_by":31,"parent_id":49964,"metadata":{"child_laws":26,"child_structures":0},"date_created":"2026-08-02 02:20:32","date_modified":"2026-08-02 12:29:55","permalink":{"id":1387327,"object_type":"structure","relational_id":50028,"identifier":"66","token":"15.2\/IV\/66","url":"\/15.2\/IV\/66\/","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":349079,"structure_id":50028,"section_number":"15.2-6600","catch_line":"Title","url":"\/15.2-6600\/","token":"15.2\/IV\/66\/15.2-6600","metadata":false},{"id":349080,"structure_id":50028,"section_number":"15.2-6601","catch_line":"Creation; public purpose","url":"\/15.2-6601\/","token":"15.2\/IV\/66\/15.2-6601","metadata":false},{"id":349081,"structure_id":50028,"section_number":"15.2-6602","catch_line":"Definitions","url":"\/15.2-6602\/","token":"15.2\/IV\/66\/15.2-6602","metadata":false},{"id":349082,"structure_id":50028,"section_number":"15.2-6603","catch_line":"Participating political subdivision","url":"\/15.2-6603\/","token":"15.2\/IV\/66\/15.2-6603","metadata":false},{"id":349083,"structure_id":50028,"section_number":"15.2-6604","catch_line":"Appointment of a board of directors","url":"\/15.2-6604\/","token":"15.2\/IV\/66\/15.2-6604","metadata":false},{"id":349084,"structure_id":50028,"section_number":"15.2-6605","catch_line":"Organization","url":"\/15.2-6605\/","token":"15.2\/IV\/66\/15.2-6605","metadata":false},{"id":349085,"structure_id":50028,"section_number":"15.2-6606","catch_line":"Powers","url":"\/15.2-6606\/","token":"15.2\/IV\/66\/15.2-6606","metadata":false},{"id":349086,"structure_id":50028,"section_number":"15.2-6607","catch_line":"Name of authority","url":"\/15.2-6607\/","token":"15.2\/IV\/66\/15.2-6607","metadata":false},{"id":349087,"structure_id":50028,"section_number":"15.2-6608","catch_line":"Rules, regulations, and minimum standards","url":"\/15.2-6608\/","token":"15.2\/IV\/66\/15.2-6608","metadata":false},{"id":349088,"structure_id":50028,"section_number":"15.2-6609","catch_line":"Reports","url":"\/15.2-6609\/","token":"15.2\/IV\/66\/15.2-6609","metadata":false},{"id":349089,"structure_id":50028,"section_number":"15.2-6610","catch_line":"Procurement","url":"\/15.2-6610\/","token":"15.2\/IV\/66\/15.2-6610","metadata":false},{"id":349090,"structure_id":50028,"section_number":"15.2-6611","catch_line":"Deposit and investment of funds","url":"\/15.2-6611\/","token":"15.2\/IV\/66\/15.2-6611","metadata":false},{"id":349091,"structure_id":50028,"section_number":"15.2-6612","catch_line":"Authority to issue bonds","url":"\/15.2-6612\/","token":"15.2\/IV\/66\/15.2-6612","metadata":false},{"id":349092,"structure_id":50028,"section_number":"15.2-6613","catch_line":"Fees, rents, and charges","url":"\/15.2-6613\/","token":"15.2\/IV\/66\/15.2-6613","metadata":false},{"id":349093,"structure_id":50028,"section_number":"15.2-6614","catch_line":"Credit of Commonwealth and political subdivisions not pledged","url":"\/15.2-6614\/","token":"15.2\/IV\/66\/15.2-6614","metadata":false},{"id":349094,"structure_id":50028,"section_number":"15.2-6615","catch_line":"Directors and persons executing bonds not liable thereon","url":"\/15.2-6615\/","token":"15.2\/IV\/66\/15.2-6615","metadata":false},{"id":349095,"structure_id":50028,"section_number":"15.2-6616","catch_line":"Security for payment of bonds; default","url":"\/15.2-6616\/","token":"15.2\/IV\/66\/15.2-6616","metadata":false},{"id":349096,"structure_id":50028,"section_number":"15.2-6617","catch_line":"Taxation","url":"\/15.2-6617\/","token":"15.2\/IV\/66\/15.2-6617","metadata":false},{"id":349097,"structure_id":50028,"section_number":"15.2-6618","catch_line":"Bonds as legal investments","url":"\/15.2-6618\/","token":"15.2\/IV\/66\/15.2-6618","metadata":{"court_decisions":""}},{"id":349098,"structure_id":50028,"section_number":"15.2-6619","catch_line":"Appropriation by political subdivision","url":"\/15.2-6619\/","token":"15.2\/IV\/66\/15.2-6619","metadata":false},{"id":349099,"structure_id":50028,"section_number":"15.2-6620","catch_line":"Contracts with political subdivisions","url":"\/15.2-6620\/","token":"15.2\/IV\/66\/15.2-6620","metadata":false},{"id":349100,"structure_id":50028,"section_number":"15.2-6621","catch_line":"Agreement with Commonwealth and participating political subdivisions","url":"\/15.2-6621\/","token":"15.2\/IV\/66\/15.2-6621","metadata":false},{"id":349101,"structure_id":50028,"section_number":"15.2-6622","catch_line":"Liberal construction","url":"\/15.2-6622\/","token":"15.2\/IV\/66\/15.2-6622","metadata":false},{"id":349102,"structure_id":50028,"section_number":"15.2-6623","catch_line":"Application of local ordinances, service charges, and taxes upon leaseholds","url":"\/15.2-6623\/","token":"15.2\/IV\/66\/15.2-6623","metadata":false},{"id":349103,"structure_id":50028,"section_number":"15.2-6624","catch_line":"Existing contracts, leases, franchises, etc., not impaired","url":"\/15.2-6624\/","token":"15.2\/IV\/66\/15.2-6624","metadata":false},{"id":349104,"structure_id":50028,"section_number":"15.2-6625","catch_line":"Withdrawal of membership","url":"\/15.2-6625\/","token":"15.2\/IV\/66\/15.2-6625","metadata":false}],"previous_section":{"id":349092,"structure_id":50028,"section_number":"15.2-6613","catch_line":"Fees, rents, and charges","url":"\/15.2-6613\/","token":"15.2\/IV\/66\/15.2-6613","metadata":false},"next_section":{"id":349094,"structure_id":50028,"section_number":"15.2-6615","catch_line":"Directors and persons executing bonds not liable thereon","url":"\/15.2-6615\/","token":"15.2\/IV\/66\/15.2-6615","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6614\/","history_text":"

This law was first created in 2002. The record of its establishment is cataloged in chapter 766<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1387385,"object_type":"law","relational_id":349093,"identifier":"15.2-6614","token":"15.2\/IV\/66\/15.2-6614","url":"\/15.2-6614\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-6614\/","token":"15.2\/IV\/66\/15.2-6614","dublin_core":{"Title":"Credit of Commonwealth and political subdivisions not pledged","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6614","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Bonds<\/span> issued pursuant to the provisions of this act shall not be deemed to constitute a debt of the Commonwealth, or any political subdivision thereof other than the Authority, but such bonds<\/span> shall be payable solely from the funds provided therefor as herein authorized. All such bonds<\/span> shall contain on the face thereof a statement to the effect that neither the Commonwealth, nor any political subdivision thereof, nor the Authority, shall be obligated to pay the same or the interest thereon or other costs incident thereto except from the revenues and money pledged therefor and that neither the faith and credit nor the taxing power of the Commonwealth, or any political subdivision thereof, is pledged to the payment of the principal of such bonds<\/span> or the interest thereon or other costs incident thereto.<\/p>

All expenses incurred in carrying out the provisions of this act shall be payable solely from the funds of the Authority and no liability or obligation shall be incurred by the Authority hereunder beyond the extent to which moneys shall be available to the Authority.<\/p>

Bonds<\/span> issued pursuant to the provisions of this act shall not constitute an indebtedness within the meaning of any debt limitation or restriction.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCREDIT OF COMMONWEALTH AND POLITICAL SUBDIVISIONS NOT PLEDGED (\u00a7 15.2-6614)\n\nBonds issued pursuant to the provisions of this act shall not be deemed to\nconstitute a debt of the Commonwealth, or any political subdivision thereof\nother than the Authority, but such bonds shall be payable solely from the funds\nprovided therefor as herein authorized. All such bonds shall contain on the face\nthereof a statement to the effect that neither the Commonwealth, nor any\npolitical subdivision thereof, nor the Authority, shall be obligated to pay the\nsame or the interest thereon or other costs incident thereto except from the\nrevenues and money pledged therefor and that neither the faith and credit nor\nthe taxing power of the Commonwealth, or any political subdivision thereof, is\npledged to the payment of the principal of such bonds or the interest thereon or\nother costs incident thereto.\n\nAll expenses incurred in carrying out the provisions of this act shall be\npayable solely from the funds of the Authority and no liability or obligation\nshall be incurred by the Authority hereunder beyond the extent to which moneys\nshall be available to the Authority.\n\nBonds issued pursuant to the provisions of this act shall not constitute an\nindebtedness within the meaning of any debt limitation or restriction.\n\nHISTORY: 2002, c. 766.","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"}}