{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-6006.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-6006.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-6006.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-6006.html"}],"law_id":348945,"edition_id":2,"section_id":348945,"structure_id":50017,"section_number":"15.2-6006","catch_line":"Further powers","history":"1988, c. 833, \u00a7 15.1-1641; 1990, c. 341; 1997, c. 587; 2004, cc. 36, 177.","full_text":"The Authority, to accomplish its general purpose, is given the following powers, namely:\n\n1\n\nTo enter into contractual agreements in furtherance of its purpose;\n\n2\n\nTo rent, lease, buy, own, acquire and dispose of such property, real or personal, as the Authority deems proper to carry out any of the purposes and provisions of this chapter, including the execution of leases with option to purchase;\n\n3\n\nTo apply for and accept grants or loans of money or other property from any federal agency for any of the purposes authorized in this chapter, and to expend or use the same in accordance with the directions and requirements attached thereto or imposed thereon by any such federal agency;\n\n4\n\nTo engage in economic development marketing and business attraction activities and to pay from the Authority’s funds any and all expenses incurred in connection with such economic development marketing and business attraction activities;\n\n5\n\nTo pay from the Authority’s funds any and all expenses incurred by the Authority including, but not limited to, administrative, operational, personnel, consultant, legal, marketing, business attraction, advertising, promotional, and any other expenses incurred in furtherance of the purposes of this chapter; and\n\n6\n\nTo do and perform any act or function that is in accord with the purposes of the chapter, including (i) borrowing money and (ii) employing such persons as the Board deems necessary to carry on the business of the Authority.\n\n","order_by":null,"text":{"0":{"id":1300712,"text":"The Authority, to accomplish its general purpose, is given the following powers, namely:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1300713,"text":"To enter into contractual agreements in furtherance of its purpose;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1300714,"text":"To rent, lease, buy, own, acquire and dispose of such property, real or personal, as the Authority deems proper to carry out any of the purposes and provisions of this chapter, including the execution of leases with option to purchase;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":1300715,"text":"To apply for and accept grants or loans of money or other property from any federal agency for any of the purposes authorized in this chapter, and to expend or use the same in accordance with the directions and requirements attached thereto or imposed thereon by any such federal agency;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":1300716,"text":"To engage in economic development marketing and business attraction activities and to pay from the Authority’s funds any and all expenses incurred in connection with such economic development marketing and business attraction activities;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":1300717,"text":"To pay from the Authority’s funds any and all expenses incurred by the Authority including, but not limited to, administrative, operational, personnel, consultant, legal, marketing, business attraction, advertising, promotional, and any other expenses incurred in furtherance of the purposes of this chapter; and","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":1300718,"text":"To do and perform any act or function that is in accord with the purposes of the chapter, including (i) borrowing money and (ii) employing such persons as the Board deems necessary to carry on the business of the Authority.","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5"}},"ancestry":[{"id":50017,"edition_id":2,"name":"Virginia Coalfield Economic Development Authority","identifier":"60","label":"chapter","depth":3,"order_by":22,"parent_id":49964,"metadata":{"child_laws":16,"child_structures":0},"date_created":"2026-08-02 02:20:16","date_modified":"2026-08-02 12:29:54","permalink":{"id":1386921,"object_type":"structure","relational_id":50017,"identifier":"60","token":"15.2\/IV\/60","url":"\/15.2\/IV\/60\/","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":348939,"structure_id":50017,"section_number":"15.2-6000","catch_line":"Authority created; name","url":"\/15.2-6000\/","token":"15.2\/IV\/60\/15.2-6000","metadata":false},{"id":348940,"structure_id":50017,"section_number":"15.2-6001","catch_line":"Findings of fact","url":"\/15.2-6001\/","token":"15.2\/IV\/60\/15.2-6001","metadata":false},{"id":348941,"structure_id":50017,"section_number":"15.2-6002","catch_line":"Purpose of Authority; performs governmental function","url":"\/15.2-6002\/","token":"15.2\/IV\/60\/15.2-6002","metadata":false},{"id":348942,"structure_id":50017,"section_number":"15.2-6003","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6003\/","token":"15.2\/IV\/60\/15.2-6003","metadata":false},{"id":348943,"structure_id":50017,"section_number":"15.2-6004","catch_line":"Office of Authority; title to property","url":"\/15.2-6004\/","token":"15.2\/IV\/60\/15.2-6004","metadata":false},{"id":348944,"structure_id":50017,"section_number":"15.2-6005","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6005\/","token":"15.2\/IV\/60\/15.2-6005","metadata":false},{"id":348945,"structure_id":50017,"section_number":"15.2-6006","catch_line":"Further powers","url":"\/15.2-6006\/","token":"15.2\/IV\/60\/15.2-6006","metadata":false},{"id":348946,"structure_id":50017,"section_number":"15.2-6007","catch_line":"Acceptance of funds, property and grants or loans","url":"\/15.2-6007\/","token":"15.2\/IV\/60\/15.2-6007","metadata":false},{"id":348947,"structure_id":50017,"section_number":"15.2-6008","catch_line":"Forms of accounts and records; audit of same","url":"\/15.2-6008\/","token":"15.2\/IV\/60\/15.2-6008","metadata":false},{"id":348948,"structure_id":50017,"section_number":"15.2-6009","catch_line":"Capitalization of Authority","url":"\/15.2-6009\/","token":"15.2\/IV\/60\/15.2-6009","metadata":false},{"id":348950,"structure_id":50017,"section_number":"15.2-6010","catch_line":"Proceeds held","url":"\/15.2-6010\/","token":"15.2\/IV\/60\/15.2-6010","metadata":false},{"id":348951,"structure_id":50017,"section_number":"15.2-6011","catch_line":"Eligible use of funds","url":"\/15.2-6011\/","token":"15.2\/IV\/60\/15.2-6011","metadata":false},{"id":348952,"structure_id":50017,"section_number":"15.2-6012","catch_line":"Dissolution of Authority","url":"\/15.2-6012\/","token":"15.2\/IV\/60\/15.2-6012","metadata":false},{"id":348953,"structure_id":50017,"section_number":"15.2-6013","catch_line":"Chapter liberally construed","url":"\/15.2-6013\/","token":"15.2\/IV\/60\/15.2-6013","metadata":false},{"id":348954,"structure_id":50017,"section_number":"15.2-6014","catch_line":"Inconsistent laws inapplicable","url":"\/15.2-6014\/","token":"15.2\/IV\/60\/15.2-6014","metadata":{"court_decisions":""}},{"id":348960,"structure_id":50017,"section_number":"15.2-6015","catch_line":"City of Norton deemed contributing jurisdiction of Wise County","url":"\/15.2-6015\/","token":"15.2\/IV\/60\/15.2-6015","metadata":false}],"previous_section":{"id":348944,"structure_id":50017,"section_number":"15.2-6005","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6005\/","token":"15.2\/IV\/60\/15.2-6005","metadata":false},"next_section":{"id":348946,"structure_id":50017,"section_number":"15.2-6007","catch_line":"Acceptance of funds, property and grants or loans","url":"\/15.2-6007\/","token":"15.2\/IV\/60\/15.2-6007","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6006\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 833 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 1988 \u201cActs\u201d aren\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 1990, chapter 341; in 1997, chapter 587<\/a>; in 2004, chapters 36<\/a> and 177<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1386947,"object_type":"law","relational_id":348945,"identifier":"15.2-6006","token":"15.2\/IV\/60\/15.2-6006","url":"\/15.2-6006\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-6006\/","token":"15.2\/IV\/60\/15.2-6006","dublin_core":{"Title":"Further powers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6006","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Authority, to accomplish its general purpose, is given the following powers, namely:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> To enter into contractual agreements in furtherance of its purpose; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> To rent, lease, buy, own, acquire and dispose of such property, real or personal, as the Authority deems proper to carry out any of the purposes and provisions of this chapter, including the execution of leases with option to purchase; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> To apply for and accept grants or loans of money or other property from any federal agency for any of the purposes authorized in this chapter, and to expend or use the same in accordance with the directions and requirements attached thereto or imposed thereon by any such federal agency; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> To engage in economic development marketing and business attraction activities and to pay from the Authority’s funds any and all expenses incurred in connection with such economic development marketing and business attraction activities; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> To pay from the Authority’s funds any and all expenses incurred by the Authority including, but not limited to, administrative, operational, personnel, consultant, legal, marketing, business attraction, advertising, promotional, and any other expenses incurred in furtherance of the purposes of this chapter; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> To do and perform any act or function that is in accord with the purposes of the chapter, including (i) borrowing money and (ii) employing such persons as the Board deems necessary to carry on the business of the Authority. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nFURTHER POWERS (\u00a7 15.2-6006)\n\nThe Authority, to accomplish its general purpose, is given the following powers,\nnamely:\n\n1. To enter into contractual agreements in furtherance of its purpose;\n\n2. To rent, lease, buy, own, acquire and dispose of such property, real or\npersonal, as the Authority deems proper to carry out any of the purposes and\nprovisions of this chapter, including the execution of leases with option to\npurchase;\n\n3. To apply for and accept grants or loans of money or other property from any\nfederal agency for any of the purposes authorized in this chapter, and to expend\nor use the same in accordance with the directions and requirements attached\nthereto or imposed thereon by any such federal agency;\n\n4. To engage in economic development marketing and business attraction\nactivities and to pay from the Authority’s funds any and all expenses\nincurred in connection with such economic development marketing and business\nattraction activities;\n\n5. To pay from the Authority’s funds any and all expenses incurred by the\nAuthority including, but not limited to, administrative, operational, personnel,\nconsultant, legal, marketing, business attraction, advertising, promotional, and\nany other expenses incurred in furtherance of the purposes of this chapter; and\n\n6. To do and perform any act or function that is in accord with the purposes of\nthe chapter, including (i) borrowing money and (ii) employing such persons as\nthe Board deems necessary to carry on the business of the Authority.\n\nHISTORY: 1988, c. 833, \u00a7 15.1-1641; 1990, c. 341; 1997, c. 587; 2004, cc. 36,\n177.","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"}}