Skip to main content

Virginia Code Title 15.2. Counties, Cities and Towns § 15.2-5354. Purchase by authority

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

The authority shall have the power out of any funds available therefor to purchase any bonds issued by it.  Bonds payable exclusively from the revenues of a designated project or projects shall only be purchased with the revenues available therefor.  All bonds so purchased shall be canceled.  This section shall not apply to the redemption of bonds.

Cite this article: FindLaw.com - Virginia Code Title 15.2. Counties, Cities and Towns § 15.2-5354. Purchase by authority - last updated January 01, 2020 | https://codes.findlaw.com/va/title-15-2-counties-cities-and-towns/va-code-sect-15-2-5354/


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Thank you. Your response has been sent.

Copied to clipboard