{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-5350.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-5350.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-5350.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-5350.html"}],"law_id":348712,"edition_id":2,"section_id":348712,"structure_id":50000,"section_number":"15.2-5350","catch_line":"Form","history":"Code 1950, \u00a7 32-265; 1973, c. 462, \u00a7 15.1-1585; 1979, c. 719; 1997, c. 587.","full_text":"The bonds of the authority shall be authorized by its resolution and shall be issued in one or more series and shall bear such date or dates, mature at such time or times, not exceeding sixty years from their respective dates, bear interest at such rate or rates payable at such time or times, be in such denominations (which may be made interchangeable), be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of redemption, with or without premium, as such resolution or its trust indenture may provide.\n\n","order_by":null,"text":{"0":{"id":1299937,"text":"The bonds of the authority shall be authorized by its resolution and shall be issued in one or more series and shall bear such date or dates, mature at such time or times, not exceeding sixty years from their respective dates, bear interest at such rate or rates payable at such time or times, be in such denominations (which may be made interchangeable), be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of redemption, with or without premium, as such resolution or its trust indenture may provide.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":50000,"edition_id":2,"name":"Bonds","identifier":"3","label":"article","depth":4,"order_by":3,"parent_id":49997,"metadata":{"child_laws":19,"child_structures":0},"date_created":"2026-08-02 02:19:44","date_modified":"2026-08-02 12:29:52","permalink":{"id":1385999,"object_type":"structure","relational_id":50000,"identifier":"3","token":"15.2\/IV\/53\/3","url":"\/15.2\/IV\/53\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49997,"edition_id":2,"name":"Hospital Authorities","identifier":"53","label":"chapter","depth":3,"order_by":11,"parent_id":49964,"metadata":{"child_laws":70,"child_structures":4},"date_created":"2026-08-02 02:19:39","date_modified":"2026-08-02 12:29:52","permalink":{"id":1385801,"object_type":"structure","relational_id":49997,"identifier":"53","token":"15.2\/IV\/53","url":"\/15.2\/IV\/53\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49964,"edition_id":2,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":49831,"metadata":{"child_laws":721,"child_structures":68},"date_created":"2026-08-02 02:19:12","date_modified":"2026-08-02 12:29:48","permalink":{"id":1384899,"object_type":"structure","relational_id":49964,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","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":348707,"structure_id":50000,"section_number":"15.2-5346","catch_line":"Authority to issue","url":"\/15.2-5346\/","token":"15.2\/IV\/53\/3\/15.2-5346","metadata":false},{"id":348708,"structure_id":50000,"section_number":"15.2-5347","catch_line":"How payable","url":"\/15.2-5347\/","token":"15.2\/IV\/53\/3\/15.2-5347","metadata":false},{"id":348709,"structure_id":50000,"section_number":"15.2-5348","catch_line":"Commissioners not liable","url":"\/15.2-5348\/","token":"15.2\/IV\/53\/3\/15.2-5348","metadata":false},{"id":348710,"structure_id":50000,"section_number":"15.2-5349","catch_line":"Bond indebtedness","url":"\/15.2-5349\/","token":"15.2\/IV\/53\/3\/15.2-5349","metadata":false},{"id":348712,"structure_id":50000,"section_number":"15.2-5350","catch_line":"Form","url":"\/15.2-5350\/","token":"15.2\/IV\/53\/3\/15.2-5350","metadata":false},{"id":348713,"structure_id":50000,"section_number":"15.2-5351","catch_line":"Sale","url":"\/15.2-5351\/","token":"15.2\/IV\/53\/3\/15.2-5351","metadata":false},{"id":348714,"structure_id":50000,"section_number":"15.2-5352","catch_line":"Interim certificates","url":"\/15.2-5352\/","token":"15.2\/IV\/53\/3\/15.2-5352","metadata":false},{"id":348715,"structure_id":50000,"section_number":"15.2-5353","catch_line":"Signature of former officers","url":"\/15.2-5353\/","token":"15.2\/IV\/53\/3\/15.2-5353","metadata":false},{"id":348716,"structure_id":50000,"section_number":"15.2-5354","catch_line":"Purchase by authority","url":"\/15.2-5354\/","token":"15.2\/IV\/53\/3\/15.2-5354","metadata":false},{"id":348717,"structure_id":50000,"section_number":"15.2-5355","catch_line":"Negotiability","url":"\/15.2-5355\/","token":"15.2\/IV\/53\/3\/15.2-5355","metadata":false},{"id":348718,"structure_id":50000,"section_number":"15.2-5356","catch_line":"Provisions of bonds and trust indentures","url":"\/15.2-5356\/","token":"15.2\/IV\/53\/3\/15.2-5356","metadata":false},{"id":348719,"structure_id":50000,"section_number":"15.2-5357","catch_line":"Further provisions as to trust indenture or bond resolution; security required of depository of proceeds of bonds","url":"\/15.2-5357\/","token":"15.2\/IV\/53\/3\/15.2-5357","metadata":false},{"id":348720,"structure_id":50000,"section_number":"15.2-5358","catch_line":"Fees, rents and charges for use of project and facilities; sinking fund","url":"\/15.2-5358\/","token":"15.2\/IV\/53\/3\/15.2-5358","metadata":false},{"id":348721,"structure_id":50000,"section_number":"15.2-5359","catch_line":"Moneys received deemed trust funds","url":"\/15.2-5359\/","token":"15.2\/IV\/53\/3\/15.2-5359","metadata":false},{"id":348723,"structure_id":50000,"section_number":"15.2-5360","catch_line":"Protection and enforcement of rights and duties under chapter","url":"\/15.2-5360\/","token":"15.2\/IV\/53\/3\/15.2-5360","metadata":false},{"id":348724,"structure_id":50000,"section_number":"15.2-5361","catch_line":"Exemption from taxation","url":"\/15.2-5361\/","token":"15.2\/IV\/53\/3\/15.2-5361","metadata":false},{"id":348725,"structure_id":50000,"section_number":"15.2-5362","catch_line":"Bonds legal investments; deposit with public agencies","url":"\/15.2-5362\/","token":"15.2\/IV\/53\/3\/15.2-5362","metadata":false},{"id":348726,"structure_id":50000,"section_number":"15.2-5363","catch_line":"Chapter supplemental; application of other laws; consent of local governing bodies or other agencies not required","url":"\/15.2-5363\/","token":"15.2\/IV\/53\/3\/15.2-5363","metadata":false},{"id":348727,"structure_id":50000,"section_number":"15.2-5364","catch_line":"Liberal construction","url":"\/15.2-5364\/","token":"15.2\/IV\/53\/3\/15.2-5364","metadata":false}],"previous_section":{"id":348710,"structure_id":50000,"section_number":"15.2-5349","catch_line":"Bond indebtedness","url":"\/15.2-5349\/","token":"15.2\/IV\/53\/3\/15.2-5349","metadata":false},"next_section":{"id":348713,"structure_id":50000,"section_number":"15.2-5351","catch_line":"Sale","url":"\/15.2-5351\/","token":"15.2\/IV\/53\/3\/15.2-5351","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5350\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 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 1973, chapter 462; in 1979, chapter 719; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1386017,"object_type":"law","relational_id":348712,"identifier":"15.2-5350","token":"15.2\/IV\/53\/3\/15.2-5350","url":"\/15.2-5350\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-5350\/","token":"15.2\/IV\/53\/3\/15.2-5350","dublin_core":{"Title":"Form","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5350","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The bonds<\/span><\/span> of the authority<\/span> shall be authorized by its resolution and shall be issued in one or more series and shall bear such date or dates, mature at such time or times, not exceeding sixty years from their respective dates, bear interest at such rate or rates payable at such time or times, be in such denominations (which may be made interchangeable), be in such form, either coupon or registered, carry such registration privileges<\/span>, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of redemption<\/span>, with or without premium, as such resolution or its trust indenture<\/span> may provide.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nFORM (\u00a7 15.2-5350)\n\nThe bonds of the authority shall be authorized by its resolution and shall be\nissued in one or more series and shall bear such date or dates, mature at such\ntime or times, not exceeding sixty years from their respective dates, bear\ninterest at such rate or rates payable at such time or times, be in such\ndenominations (which may be made interchangeable), be in such form, either\ncoupon or registered, carry such registration privileges, be executed in such\nmanner, be payable in such medium of payment, at such place or places, and be\nsubject to such terms of redemption, with or without premium, as such resolution\nor its trust indenture may provide.\n\nHISTORY: Code 1950, \u00a7 32-265; 1973, c. 462, \u00a7 15.1-1585; 1979, c. 719; 1997,\nc. 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"}}