{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-2662.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-2662.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-2662.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-2662.html"}],"law_id":348117,"edition_id":2,"section_id":348117,"structure_id":49933,"section_number":"15.2-2662","catch_line":"Validation of bonds","history":"1991, c. 668, \u00a7 15.1-227.64; 1994, c. 714; 1997, c. 587.","full_text":"All proceedings taken before July 1, 1991, for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any locality are validated, ratified, approved and confirmed, and any bonds so issued are valid, legal, binding and enforceable obligations of the locality.\n\nAll proceedings taken before July 1, 1992, for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any locality are validated, ratified, approved and confirmed, and any bonds so issued, are valid, legal, binding and enforceable obligations of the locality.\n\n","order_by":null,"text":{"0":{"id":1298357,"text":"All proceedings taken before July 1, 1991, for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any locality are validated, ratified, approved and confirmed, and any bonds so issued are valid, legal, binding and enforceable obligations of the locality.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1298358,"text":"All proceedings taken before July 1, 1992, for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any locality are validated, ratified, approved and confirmed, and any bonds so issued, are valid, legal, binding and enforceable obligations of the locality.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":49933,"edition_id":2,"name":"Miscellaneous","identifier":"7","label":"article","depth":4,"order_by":7,"parent_id":49926,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:18:30","date_modified":"2026-08-02 12:29:41","permalink":{"id":1383195,"object_type":"structure","relational_id":49933,"identifier":"7","token":"15.2\/II\/26\/7","url":"\/15.2\/II\/26\/7\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49926,"edition_id":2,"name":"Public Finance Act","identifier":"26","label":"chapter","depth":3,"order_by":21,"parent_id":49834,"metadata":{"child_laws":64,"child_structures":7},"date_created":"2026-08-02 02:18:24","date_modified":"2026-08-02 12:29:39","permalink":{"id":1382945,"object_type":"structure","relational_id":49926,"identifier":"26","token":"15.2\/II\/26","url":"\/15.2\/II\/26\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49834,"edition_id":2,"name":"Powers of Local Government","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":49831,"metadata":{"child_laws":1081,"child_structures":112},"date_created":"2026-08-02 02:16:24","date_modified":"2026-08-02 12:29:25","permalink":{"id":1379371,"object_type":"structure","relational_id":49834,"identifier":"II","token":"15.2\/II","url":"\/15.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49831,"edition_id":2,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":46,"parent_id":null,"metadata":{"child_laws":2297,"child_structures":225},"date_created":"2026-08-02 02:16:22","date_modified":"2026-08-02 12:29:22","permalink":{"id":1378281,"object_type":"structure","relational_id":49831,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":348114,"structure_id":49933,"section_number":"15.2-2659","catch_line":"Investigation by Governor of alleged defaults; withholding state funds from defaulting locality; payment of funds withheld; receipts, reports, etc.; magisterial and school district defaults included","url":"\/15.2-2659\/","token":"15.2\/II\/26\/7\/15.2-2659","metadata":false},{"id":348115,"structure_id":49933,"section_number":"15.2-2660","catch_line":"Bonds not affected by project undertaken","url":"\/15.2-2660\/","token":"15.2\/II\/26\/7\/15.2-2660","metadata":false},{"id":348116,"structure_id":49933,"section_number":"15.2-2661","catch_line":"Provisions of chapter controlling; powers conferred are additional","url":"\/15.2-2661\/","token":"15.2\/II\/26\/7\/15.2-2661","metadata":false},{"id":348117,"structure_id":49933,"section_number":"15.2-2662","catch_line":"Validation of bonds","url":"\/15.2-2662\/","token":"15.2\/II\/26\/7\/15.2-2662","metadata":false},{"id":348118,"structure_id":49933,"section_number":"15.2-2663","catch_line":"Transition","url":"\/15.2-2663\/","token":"15.2\/II\/26\/7\/15.2-2663","metadata":false}],"previous_section":{"id":348116,"structure_id":49933,"section_number":"15.2-2661","catch_line":"Provisions of chapter controlling; powers conferred are additional","url":"\/15.2-2661\/","token":"15.2\/II\/26\/7\/15.2-2661","metadata":false},"next_section":{"id":348118,"structure_id":49933,"section_number":"15.2-2663","catch_line":"Transition","url":"\/15.2-2663\/","token":"15.2\/II\/26\/7\/15.2-2663","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2662\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 668 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 1991 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. 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. Those modifications are as follows: in 1994, chapter 714<\/a>; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1383209,"object_type":"law","relational_id":348117,"identifier":"15.2-2662","token":"15.2\/II\/26\/7\/15.2-2662","url":"\/15.2-2662\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-2662\/","token":"15.2\/II\/26\/7\/15.2-2662","dublin_core":{"Title":"Validation of bonds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2662","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

All proceedings taken before July 1, 1991, for or with respect to the authorization, issuance, sale, execution or delivery of bonds<\/span><\/span> by or on behalf of any locality<\/span> are validated, ratified, approved and confirmed, and any bonds<\/span><\/span> so issued are valid, legal, binding and enforceable obligations of the locality<\/span>.<\/p>

All proceedings taken before July 1, 1992, for or with respect to the authorization, issuance, sale, execution or delivery of bonds<\/span><\/span> by or on behalf of any locality<\/span> are validated, ratified, approved and confirmed, and any bonds<\/span><\/span> so issued, are valid, legal, binding and enforceable obligations of the locality<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nVALIDATION OF BONDS (\u00a7 15.2-2662)\n\nAll proceedings taken before July 1, 1991, for or with respect to the\nauthorization, issuance, sale, execution or delivery of bonds by or on behalf of\nany locality are validated, ratified, approved and confirmed, and any bonds so\nissued are valid, legal, binding and enforceable obligations of the locality.\n\nAll proceedings taken before July 1, 1992, for or with respect to the\nauthorization, issuance, sale, execution or delivery of bonds by or on behalf of\nany locality are validated, ratified, approved and confirmed, and any bonds so\nissued, are valid, legal, binding and enforceable obligations of the locality.\n\nHISTORY: 1991, c. 668, \u00a7 15.1-227.64; 1994, c. 714; 1997, c. 587.","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"}}