{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-5713.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-5713.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-5713.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-5713.html"}],"law_id":348887,"edition_id":2,"section_id":348887,"structure_id":50009,"section_number":"15.2-5713","catch_line":"Same; for water or sewer systems, etc","history":"Code 1950, \u00a7 15-714.11; 1954, c. 540; 1962, c. 623, \u00a7 15.1-1238; 1997, c. 587.","full_text":"An authority created under the provisions of this chapter is hereby authorized to provide by resolution, at one time or from time to time, for the issuance of revenue bonds of the authority for the purpose of paying the whole or any part of the cost of any water system, sewer system, sewage disposal system, or garbage and refuse collection and disposal system, or any combination of any thereof and for improvement and maintenance of any such system. The principal of and the interest on such bonds shall be payable solely from the funds herein provided for such payment. The bonds of each issue shall be dated, shall bear interest at such rate or rates as may be authorized by law, shall mature at such time or times not exceeding twenty years from their date or dates, as may be determined by the authority, and may be made redeemable before maturity, at the option of the authority, at such price or prices and under such terms and conditions as may be fixed by the authority prior to the issuance of the bonds.\n\nRevenue bonds issued under the provisions of this chapter shall not be deemed to constitute a debt of the Commonwealth or of any incorporating or participating locality, or a pledge of the faith and credit of the Commonwealth or of any incorporating or participating locality.\n\n","order_by":null,"text":{"0":{"id":1300445,"text":"An authority created under the provisions of this chapter is hereby authorized to provide by resolution, at one time or from time to time, for the issuance of revenue bonds of the authority for the purpose of paying the whole or any part of the cost of any water system, sewer system, sewage disposal system, or garbage and refuse collection and disposal system, or any combination of any thereof and for improvement and maintenance of any such system. The principal of and the interest on such bonds shall be payable solely from the funds herein provided for such payment. The bonds of each issue shall be dated, shall bear interest at such rate or rates as may be authorized by law, shall mature at such time or times not exceeding twenty years from their date or dates, as may be determined by the authority, and may be made redeemable before maturity, at the option of the authority, at such price or prices and under such terms and conditions as may be fixed by the authority prior to the issuance of the bonds.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1300446,"text":"Revenue bonds issued under the provisions of this chapter shall not be deemed to constitute a debt of the Commonwealth or of any incorporating or participating locality, or a pledge of the faith and credit of the Commonwealth or of any incorporating or participating locality.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":50009,"edition_id":2,"name":"Park Authorities Act","identifier":"57","label":"chapter","depth":3,"order_by":19,"parent_id":49964,"metadata":{"child_laws":16,"child_structures":0},"date_created":"2026-08-02 02:20:09","date_modified":"2026-08-02 12:29:54","permalink":{"id":1386649,"object_type":"structure","relational_id":50009,"identifier":"57","token":"15.2\/IV\/57","url":"\/15.2\/IV\/57\/","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":348873,"structure_id":50009,"section_number":"15.2-5700","catch_line":"Short title; application","url":"\/15.2-5700\/","token":"15.2\/IV\/57\/15.2-5700","metadata":false},{"id":348874,"structure_id":50009,"section_number":"15.2-5701","catch_line":"Definitions","url":"\/15.2-5701\/","token":"15.2\/IV\/57\/15.2-5701","metadata":false},{"id":348875,"structure_id":50009,"section_number":"15.2-5702","catch_line":"Creation of authorities","url":"\/15.2-5702\/","token":"15.2\/IV\/57\/15.2-5702","metadata":false},{"id":348876,"structure_id":50009,"section_number":"15.2-5703","catch_line":"Members of authority; appointment, terms, compensation, etc.; officers, quorum","url":"\/15.2-5703\/","token":"15.2\/IV\/57\/15.2-5703","metadata":false},{"id":348878,"structure_id":50009,"section_number":"15.2-5704","catch_line":"Powers of authority","url":"\/15.2-5704\/","token":"15.2\/IV\/57\/15.2-5704","metadata":false},{"id":348877,"structure_id":50009,"section_number":"15.2-5704.1","catch_line":"Northern Virginia Regional Park Authority","url":"\/15.2-5704.1\/","token":"15.2\/IV\/57\/15.2-5704.1","metadata":{"court_decisions":""}},{"id":348879,"structure_id":50009,"section_number":"15.2-5705","catch_line":"Violation of rules and regulations","url":"\/15.2-5705\/","token":"15.2\/IV\/57\/15.2-5705","metadata":{"court_decisions":""}},{"id":348880,"structure_id":50009,"section_number":"15.2-5706","catch_line":"Appointment of special conservators of the peace","url":"\/15.2-5706\/","token":"15.2\/IV\/57\/15.2-5706","metadata":false},{"id":348881,"structure_id":50009,"section_number":"15.2-5707","catch_line":"Recordation of conveyances of real estate to park authorities","url":"\/15.2-5707\/","token":"15.2\/IV\/57\/15.2-5707","metadata":false},{"id":348882,"structure_id":50009,"section_number":"15.2-5708","catch_line":"Exemption from taxation","url":"\/15.2-5708\/","token":"15.2\/IV\/57\/15.2-5708","metadata":false},{"id":348883,"structure_id":50009,"section_number":"15.2-5709","catch_line":"Rates and charges","url":"\/15.2-5709\/","token":"15.2\/IV\/57\/15.2-5709","metadata":false},{"id":348884,"structure_id":50009,"section_number":"15.2-5710","catch_line":"Funds","url":"\/15.2-5710\/","token":"15.2\/IV\/57\/15.2-5710","metadata":false},{"id":348885,"structure_id":50009,"section_number":"15.2-5711","catch_line":"Conveyance or lease of park to authority; contract for park services; when referendum required before certain contracts made","url":"\/15.2-5711\/","token":"15.2\/IV\/57\/15.2-5711","metadata":false},{"id":348886,"structure_id":50009,"section_number":"15.2-5712","catch_line":"Revenue bonds","url":"\/15.2-5712\/","token":"15.2\/IV\/57\/15.2-5712","metadata":false},{"id":348887,"structure_id":50009,"section_number":"15.2-5713","catch_line":"Same; for water or sewer systems, etc","url":"\/15.2-5713\/","token":"15.2\/IV\/57\/15.2-5713","metadata":false},{"id":348888,"structure_id":50009,"section_number":"15.2-5714","catch_line":"Bonds mutilated, lost or destroyed","url":"\/15.2-5714\/","token":"15.2\/IV\/57\/15.2-5714","metadata":false}],"previous_section":{"id":348886,"structure_id":50009,"section_number":"15.2-5712","catch_line":"Revenue bonds","url":"\/15.2-5712\/","token":"15.2\/IV\/57\/15.2-5712","metadata":false},"next_section":{"id":348888,"structure_id":50009,"section_number":"15.2-5714","catch_line":"Bonds mutilated, lost or destroyed","url":"\/15.2-5714\/","token":"15.2\/IV\/57\/15.2-5714","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5713\/","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 1954, chapter 540; in 1962, chapter 623; in 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1386707,"object_type":"law","relational_id":348887,"identifier":"15.2-5713","token":"15.2\/IV\/57\/15.2-5713","url":"\/15.2-5713\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-5713\/","token":"15.2\/IV\/57\/15.2-5713","dublin_core":{"Title":"Same; for water or sewer systems, etc","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5713","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

An authority<\/span> created under the provisions of this chapter is hereby authorized to provide by resolution, at one time or from time to time, for the issuance of revenue bonds<\/span> of the authority<\/span> for the purpose of paying the whole or any part of the cost of any water system, sewer system, sewage disposal system, or garbage and refuse collection and disposal system, or any combination of any thereof and for improvement and maintenance of any such system. The principal of and the interest on such bonds<\/span> shall be payable solely from the funds herein provided for such payment. The bonds<\/span> of each issue<\/span> shall be dated, shall bear interest at such rate or rates as may be authorized by law<\/span>, shall mature at such time or times not exceeding twenty years from their date or dates, as may be determined by the authority<\/span>, and may be made redeemable before maturity, at the option of the authority<\/span>, at such price or prices and under such terms and conditions as may be fixed by the authority<\/span> prior to the issuance of the bonds<\/span>.<\/p>

Revenue bonds<\/span> issued under the provisions of this chapter shall not be deemed to constitute a debt of the Commonwealth or of any incorporating or participating locality<\/span>, or a pledge of the faith and credit of the Commonwealth or of any incorporating or participating locality<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nSAME; FOR WATER OR SEWER SYSTEMS, ETC (\u00a7 15.2-5713)\n\nAn authority created under the provisions of this chapter is hereby authorized\nto provide by resolution, at one time or from time to time, for the issuance of\nrevenue bonds of the authority for the purpose of paying the whole or any part\nof the cost of any water system, sewer system, sewage disposal system, or\ngarbage and refuse collection and disposal system, or any combination of any\nthereof and for improvement and maintenance of any such system. The principal of\nand the interest on such bonds shall be payable solely from the funds herein\nprovided for such payment. The bonds of each issue shall be dated, shall bear\ninterest at such rate or rates as may be authorized by law, shall mature at such\ntime or times not exceeding twenty years from their date or dates, as may be\ndetermined by the authority, and may be made redeemable before maturity, at the\noption of the authority, at such price or prices and under such terms and\nconditions as may be fixed by the authority prior to the issuance of the bonds.\n\nRevenue bonds issued under the provisions of this chapter shall not be deemed to\nconstitute a debt of the Commonwealth or of any incorporating or participating\nlocality, or a pledge of the faith and credit of the Commonwealth or of any\nincorporating or participating locality.\n\nHISTORY: Code 1950, \u00a7 15-714.11; 1954, c. 540; 1962, c. 623, \u00a7 15.1-1238;\n1997, 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"}}