Provisions Applicable to All Bonds

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 2 of the Code of Virginia, titled “Provisions Applicable to All Bonds.” 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 28 laws.

It’s comprised of the following 28 sections.

§ 15.2-2604	Powers generally
§ 15.2-2605	Collection of rents and charges; liens on real estate; discharge and enforcement of liens
§ 15.2-2606	Public hearing before issuance of bonds
§ 15.2-2607	Provisions which may be embodied in bond ordinances or resolution; adoption; filing copy with court
§ 15.2-2608	Bonds for revenue-producing undertakings
§ 15.2-2609	Covenants relating to issuance of revenue bonds
§ 15.2-2610	Request for referendum filed with court; order for election; notice
§ 15.2-2611	Holding of election; order authorizing bonds; authority of governing body
§ 15.2-2612	Dating; rate of interest; maturity; denomination; place of payment
§ 15.2-2613	Form and manner of execution; signature of person ceasing to be officer
§ 15.2-2614	Bearer, registered or book entry form
§ 15.2-2615	Bonds deemed negotiable instruments
§ 15.2-2616	Interim receipts or temporary bonds exchangeable for definitive bonds
§ 15.2-2617	Sale of bonds
§ 15.2-2618	Disposition of proceeds; separate fund
§ 15.2-2619	Investment of proceeds pending application to authorized purpose
§ 15.2-2620	Bonds made legal investments
§ 15.2-2621	Bonds mutilated, lost or destroyed
§ 15.2-2622	Destruction of bonds and coupons after payment in full
§ 15.2-2623	Defeasance of indebtedness; rights of owners
§ 15.2-2624	Tax to pay principal and interest
§ 15.2-2625	Deposit of funds; security; investment of funds
§ 15.2-2626	Contracts concerning interest rates, currency, cash flow or other basis
§ 15.2-2627	Time for contesting validity of proposed bond issue; when bonds presumed valid
§ 15.2-2628	Notes in anticipation of bond issue
§ 15.2-2629	Loans to meet appropriations for current year
§ 15.2-2630	Loans in anticipation of federal and state funds
§ 15.2-2631	Terms of temporary loans