Va. Code § 15.2-5339

Current with changes from the 2024 legislative session through ch. 845
Section 15.2-5339 - Borrowing money

An authority shall have power to borrow money upon its bonds, notes, debentures, or other evidences of indebtedness and to secure the same by pledges of its revenues in the manner and to the extent hereinafter provided and, in connection with any loan by a government, to agree to limitations upon the exercise of any powers conferred upon the authority by this chapter. This power shall include the power to refinance all or any portion of such debt, to renegotiate the terms of all or any portion of such debt, and to retire all or any portion of such debt prior to its maturity date.

Va. Code § 15.2-5339

Code 1950, § 32-253; 1979, c. 719, § 15.1-1574; 1997, c. 587; 2006, c. 658.
Amended by Acts 2006, c. 658.
Amended by Acts 1997, c. 587.
Amended by Acts 1979, c. 719, § 15.1-1574.