{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/10.1-1605.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/10.1-1605.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/10.1-1605.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/10.1-1605.html"}],"law_id":345788,"edition_id":2,"section_id":345788,"structure_id":49653,"section_number":"10.1-1605","catch_line":"Issuance and sale of bonds","history":"1986, c. 360, \u00a7 10-158.6; 1988, c. 891.","full_text":"The bonds may be issued in coupon or in registered form, or both, as the Authority may determine, and provision may be made for the registration of any coupon bonds as to principal alone and also as to both principal and interest, for the reconversion into coupon bonds of any bonds registered as to both principal and interest, and for the interchange of registered and coupon bonds. The Authority may sell such bonds in the manner, either at public or private sale, and for the price, that it determines will best effect the purposes of this chapter. Bonds may be issued under the provisions of this chapter without obtaining the consent of any commission, board or agency of the Commonwealth or of any political subdivision, and without any other proceedings or conditions other than those which are specifically required by this chapter.\n\n","order_by":null,"text":{"0":{"id":1289330,"text":"The bonds may be issued in coupon or in registered form, or both, as the Authority may determine, and provision may be made for the registration of any coupon bonds as to principal alone and also as to both principal and interest, for the reconversion into coupon bonds of any bonds registered as to both principal and interest, and for the interchange of registered and coupon bonds. The Authority may sell such bonds in the manner, either at public or private sale, and for the price, that it determines will best effect the purposes of this chapter. Bonds may be issued under the provisions of this chapter without obtaining the consent of any commission, board or agency of the Commonwealth or of any political subdivision, and without any other proceedings or conditions other than those which are specifically required by this chapter.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":49653,"edition_id":2,"name":"Virginia Recreational Facilities Authority Act","identifier":"16","label":"chapter","depth":3,"order_by":10,"parent_id":49595,"metadata":{"child_laws":24,"child_structures":0},"date_created":"2026-08-02 02:12:57","date_modified":"2026-08-02 12:28:58","permalink":{"id":1373549,"object_type":"structure","relational_id":49653,"identifier":"16","token":"10.1\/II\/16","url":"\/10.1\/II\/16\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49595,"edition_id":2,"name":"Activities Administered by Other Entities","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":49584,"metadata":{"child_laws":483,"child_structures":70},"date_created":"2026-08-02 02:12:05","date_modified":"2026-08-02 12:28:51","permalink":{"id":1371835,"object_type":"structure","relational_id":49595,"identifier":"II","token":"10.1\/II","url":"\/10.1\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49584,"edition_id":2,"name":"Conservation","identifier":"10.1","label":"title","depth":1,"order_by":38,"parent_id":null,"metadata":{"child_laws":886,"child_structures":125},"date_created":"2026-08-02 02:11:52","date_modified":"2026-08-02 12:28:44","permalink":{"id":1370315,"object_type":"structure","relational_id":49584,"identifier":"10.1","token":"10.1","url":"\/10.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":345783,"structure_id":49653,"section_number":"10.1-1600","catch_line":"Definitions","url":"\/10.1-1600\/","token":"10.1\/II\/16\/10.1-1600","metadata":false},{"id":345784,"structure_id":49653,"section_number":"10.1-1601","catch_line":"Authority created","url":"\/10.1-1601\/","token":"10.1\/II\/16\/10.1-1601","metadata":false},{"id":345785,"structure_id":49653,"section_number":"10.1-1602","catch_line":"Board of directors","url":"\/10.1-1602\/","token":"10.1\/II\/16\/10.1-1602","metadata":false},{"id":345786,"structure_id":49653,"section_number":"10.1-1603","catch_line":"Powers of Authority","url":"\/10.1-1603\/","token":"10.1\/II\/16\/10.1-1603","metadata":false},{"id":345787,"structure_id":49653,"section_number":"10.1-1604","catch_line":"Form, terms, and execution of bonds","url":"\/10.1-1604\/","token":"10.1\/II\/16\/10.1-1604","metadata":false},{"id":345788,"structure_id":49653,"section_number":"10.1-1605","catch_line":"Issuance and sale of bonds","url":"\/10.1-1605\/","token":"10.1\/II\/16\/10.1-1605","metadata":false},{"id":345789,"structure_id":49653,"section_number":"10.1-1606","catch_line":"Use of bond proceeds","url":"\/10.1-1606\/","token":"10.1\/II\/16\/10.1-1606","metadata":false},{"id":345790,"structure_id":49653,"section_number":"10.1-1607","catch_line":"Interim receipts or temporary bonds","url":"\/10.1-1607\/","token":"10.1\/II\/16\/10.1-1607","metadata":false},{"id":345791,"structure_id":49653,"section_number":"10.1-1608","catch_line":"Faith and credit of Commonwealth or political subdivision not pledged","url":"\/10.1-1608\/","token":"10.1\/II\/16\/10.1-1608","metadata":false},{"id":345792,"structure_id":49653,"section_number":"10.1-1609","catch_line":"Expenses of the Authority","url":"\/10.1-1609\/","token":"10.1\/II\/16\/10.1-1609","metadata":false},{"id":345793,"structure_id":49653,"section_number":"10.1-1610","catch_line":"Trust agreement securing bonds","url":"\/10.1-1610\/","token":"10.1\/II\/16\/10.1-1610","metadata":false},{"id":345794,"structure_id":49653,"section_number":"10.1-1611","catch_line":"Moneys received deemed trust funds","url":"\/10.1-1611\/","token":"10.1\/II\/16\/10.1-1611","metadata":false},{"id":345795,"structure_id":49653,"section_number":"10.1-1612","catch_line":"Proceedings by bondholder or trustee to enforce rights","url":"\/10.1-1612\/","token":"10.1\/II\/16\/10.1-1612","metadata":false},{"id":345796,"structure_id":49653,"section_number":"10.1-1613","catch_line":"Bonds made securities for investment and deposit","url":"\/10.1-1613\/","token":"10.1\/II\/16\/10.1-1613","metadata":false},{"id":345797,"structure_id":49653,"section_number":"10.1-1614","catch_line":"Revenue refunding bonds; bonds for refunding and for cost of additional projects","url":"\/10.1-1614\/","token":"10.1\/II\/16\/10.1-1614","metadata":false},{"id":345798,"structure_id":49653,"section_number":"10.1-1615","catch_line":"Grants or loans of public or private funds","url":"\/10.1-1615\/","token":"10.1\/II\/16\/10.1-1615","metadata":false},{"id":345799,"structure_id":49653,"section_number":"10.1-1616","catch_line":"Exemption from taxes or assessments","url":"\/10.1-1616\/","token":"10.1\/II\/16\/10.1-1616","metadata":false},{"id":345800,"structure_id":49653,"section_number":"10.1-1617","catch_line":"Moneys of Authority","url":"\/10.1-1617\/","token":"10.1\/II\/16\/10.1-1617","metadata":false},{"id":345801,"structure_id":49653,"section_number":"10.1-1618","catch_line":"Title to property","url":"\/10.1-1618\/","token":"10.1\/II\/16\/10.1-1618","metadata":false},{"id":345802,"structure_id":49653,"section_number":"10.1-1619","catch_line":"Violation of regulations","url":"\/10.1-1619\/","token":"10.1\/II\/16\/10.1-1619","metadata":false},{"id":345803,"structure_id":49653,"section_number":"10.1-1620","catch_line":"Appointment of special conservators of the peace","url":"\/10.1-1620\/","token":"10.1\/II\/16\/10.1-1620","metadata":false},{"id":345804,"structure_id":49653,"section_number":"10.1-1621","catch_line":"Conveyance or lease of park to Authority","url":"\/10.1-1621\/","token":"10.1\/II\/16\/10.1-1621","metadata":false},{"id":345805,"structure_id":49653,"section_number":"10.1-1622","catch_line":"Recordation of conveyances of real estate to Authority","url":"\/10.1-1622\/","token":"10.1\/II\/16\/10.1-1622","metadata":false},{"id":345806,"structure_id":49653,"section_number":"10.1-1623","catch_line":"Dissolution of Authority; disposition of property","url":"\/10.1-1623\/","token":"10.1\/II\/16\/10.1-1623","metadata":false}],"previous_section":{"id":345787,"structure_id":49653,"section_number":"10.1-1604","catch_line":"Form, terms, and execution of bonds","url":"\/10.1-1604\/","token":"10.1\/II\/16\/10.1-1604","metadata":false},"next_section":{"id":345789,"structure_id":49653,"section_number":"10.1-1606","catch_line":"Use of bond proceeds","url":"\/10.1-1606\/","token":"10.1\/II\/16\/10.1-1606","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/10.1-1605\/","history_text":"<p>This law was first created in 1986. The record of its establishment is cataloged in chapter 360 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1986 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1988, chapter 891.<\/p>","references":false,"refers_to":false,"permalink":{"id":1373571,"object_type":"law","relational_id":345788,"identifier":"10.1-1605","token":"10.1\/II\/16\/10.1-1605","url":"\/10.1-1605\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/10.1-1605\/","token":"10.1\/II\/16\/10.1-1605","dublin_core":{"Title":"Issuance and sale of bonds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 10.1-1605","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> may be issued in coupon or in registered form, or both, as the <span class=\"dictionary\">Authority<\/span> may determine, and provision may be made for the registration of any coupon <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> as to principal alone and also as to both principal and interest, for the reconversion into coupon <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> of any <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> registered as to both principal and interest, and for the interchange of registered and coupon <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span>. The <span class=\"dictionary\">Authority<\/span> may sell such <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> in the manner, either at public or private sale, and for the price, that it determines will best effect the purposes of this chapter. <span class=\"dictionary\"><span class=\"dictionary\">Bonds<\/span><\/span> may be issued under the provisions of this chapter without obtaining the consent of any commission, <span class=\"dictionary\">board<\/span> or agency of the Commonwealth or of any political subdivision, and without any other proceedings or conditions other than those which are specifically required by this chapter.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nISSUANCE AND SALE OF BONDS (\u00a7 10.1-1605)\n\nThe bonds may be issued in coupon or in registered form, or both, as the\nAuthority may determine, and provision may be made for the registration of any\ncoupon bonds as to principal alone and also as to both principal and interest,\nfor the reconversion into coupon bonds of any bonds registered as to both\nprincipal and interest, and for the interchange of registered and coupon bonds.\nThe Authority may sell such bonds in the manner, either at public or private\nsale, and for the price, that it determines will best effect the purposes of\nthis chapter. Bonds may be issued under the provisions of this chapter without\nobtaining the consent of any commission, board or agency of the Commonwealth or\nof any political subdivision, and without any other proceedings or conditions\nother than those which are specifically required by this chapter.\n\nHISTORY: 1986, c. 360, \u00a7 10-158.6; 1988, c. 891.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}