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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>348677</law_id><section_number>15.2-5320</section_number><catch_line>Conveyance, lease or transfers of property by city to authority</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="46" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="4" identifier="IV">Other Governmental Entities</unit><unit label="chapter" level="3" order_by="11" identifier="53">Hospital Authorities</unit><unit label="article" level="4" order_by="1" identifier="1">In General</unit></structure><text>
						<section><p>In <span class="dictionary">order</span> to provide for the construction, reconstruction, improvement, repair or management of any hospital or <span class="dictionary">hospital project</span> or in <span class="dictionary">order</span> to accomplish any of the purposes of this chapter, any <span class="dictionary">city</span> may, with or without consideration or for a nominal consideration, lease, sell, convey or otherwise transfer to an <span class="dictionary">authority</span>, within such <span class="dictionary">city</span>, any real, personal or mixed property including, but not limited to, any existing hospital or <span class="dictionary">hospital project</span> as a going concern or otherwise, and including the assignment and transfer of any part of or all money, choses in action and other <span class="dictionary">assets</span> used or held for the use of such hospital or <span class="dictionary">hospital project</span>. In connection with any such transaction the <span class="dictionary">authority</span> involved may accept such lease, transfer, assignment and conveyance and bind itself to the performance and observance of any agreements and conditions attached thereto.</p></section></text><history>Code 1950, &#xA7; 32-234; 1979, c. 719, &#xA7; 15.1-1553; 1997, c. 587.</history><metadata></metadata></law>
