Bonds Issued by Municipalities

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 3 of the Code of Virginia, titled “Bonds Issued by Municipalities.” It is part of Chapter 26 “Public Finance Act”, which is part of Subtitle II “Powers of Local Government”, which is part of Title 15.2 “Counties, Cities and Towns”. It contains 6 laws.

It’s comprised of the following 6 sections.

§ 15.2-2632	Certain debts that may be contracted by city on transition from town
§ 15.2-2633	Borrowing by certain cities to pay expenses
§ 15.2-2634	Limitation on amount of outstanding bonds
§ 15.2-2635	What indebtedness not included in determining limitation
§ 15.2-2636	Ordinance or resolution to provide for issue of bonds
§ 15.2-2637	Danville to incur indebtedness only in accordance with charter