{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-6206.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-6206.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-6206.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-6206.html"}],"law_id":348997,"edition_id":2,"section_id":348997,"structure_id":50023,"section_number":"15.2-6206","catch_line":"Further powers","history":"1993, c. 982, \u00a7 15.1-1667; 1997, c. 587.","full_text":"The Authority may:\n\n1\n\nEnter into contractual agreements in furtherance of its purpose;\n\n2\n\nRent, lease, including the execution of leases with option to purchase, 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;\n\n3\n\nApply 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 expend or use the same in accordance with the directions and requirements attached thereto or imposed thereon by any such federal agency; and\n\n4\n\nPerform any act or function which is in accord with the purposes of this chapter, including (i) borrowing money, including issuing bonds, (ii) providing for the guarantee of loans, and (iii) employing such persons as the Board deems necessary to carry on the business of the Authority.\n\n","order_by":null,"text":{"0":{"id":1300884,"text":"The Authority may:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1300885,"text":"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":1300886,"text":"Rent, lease, including the execution of leases with option to purchase, 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;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":1300887,"text":"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 expend or use the same in accordance with the directions and requirements attached thereto or imposed thereon by any such federal agency; and","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":1300888,"text":"Perform any act or function which is in accord with the purposes of this chapter, including (i) borrowing money, including issuing bonds, (ii) providing for the guarantee of loans, and (iii) employing such persons as the Board deems necessary to carry on the business of the Authority.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"ancestry":[{"id":50023,"edition_id":2,"name":"Alleghany Highlands Economic Development Authority","identifier":"62","label":"chapter","depth":3,"order_by":26,"parent_id":49964,"metadata":{"child_laws":15,"child_structures":0},"date_created":"2026-08-02 02:20:22","date_modified":"2026-08-02 12:29:55","permalink":{"id":1387057,"object_type":"structure","relational_id":50023,"identifier":"62","token":"15.2\/IV\/62","url":"\/15.2\/IV\/62\/","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":348991,"structure_id":50023,"section_number":"15.2-6200","catch_line":"Authority created; name","url":"\/15.2-6200\/","token":"15.2\/IV\/62\/15.2-6200","metadata":false},{"id":348992,"structure_id":50023,"section_number":"15.2-6201","catch_line":"Findings of fact","url":"\/15.2-6201\/","token":"15.2\/IV\/62\/15.2-6201","metadata":false},{"id":348993,"structure_id":50023,"section_number":"15.2-6202","catch_line":"Duties of Authority; governmental functions","url":"\/15.2-6202\/","token":"15.2\/IV\/62\/15.2-6202","metadata":false},{"id":348994,"structure_id":50023,"section_number":"15.2-6203","catch_line":"Board of Authority; members and officers; staff; annual report","url":"\/15.2-6203\/","token":"15.2\/IV\/62\/15.2-6203","metadata":false},{"id":348995,"structure_id":50023,"section_number":"15.2-6204","catch_line":"Office of Authority; title to property","url":"\/15.2-6204\/","token":"15.2\/IV\/62\/15.2-6204","metadata":false},{"id":348996,"structure_id":50023,"section_number":"15.2-6205","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6205\/","token":"15.2\/IV\/62\/15.2-6205","metadata":false},{"id":348997,"structure_id":50023,"section_number":"15.2-6206","catch_line":"Further powers","url":"\/15.2-6206\/","token":"15.2\/IV\/62\/15.2-6206","metadata":false},{"id":348998,"structure_id":50023,"section_number":"15.2-6207","catch_line":"Acceptance of funds, property, grants, or loans","url":"\/15.2-6207\/","token":"15.2\/IV\/62\/15.2-6207","metadata":false},{"id":348999,"structure_id":50023,"section_number":"15.2-6208","catch_line":"Eligible use of funds","url":"\/15.2-6208\/","token":"15.2\/IV\/62\/15.2-6208","metadata":false},{"id":349000,"structure_id":50023,"section_number":"15.2-6209","catch_line":"Capitalization of Authority","url":"\/15.2-6209\/","token":"15.2\/IV\/62\/15.2-6209","metadata":false},{"id":349002,"structure_id":50023,"section_number":"15.2-6210","catch_line":"Proceeds held","url":"\/15.2-6210\/","token":"15.2\/IV\/62\/15.2-6210","metadata":false},{"id":349003,"structure_id":50023,"section_number":"15.2-6211","catch_line":"Forms of accounts and records; audit of same","url":"\/15.2-6211\/","token":"15.2\/IV\/62\/15.2-6211","metadata":false},{"id":349004,"structure_id":50023,"section_number":"15.2-6212","catch_line":"Dissolution of Authority","url":"\/15.2-6212\/","token":"15.2\/IV\/62\/15.2-6212","metadata":false},{"id":349005,"structure_id":50023,"section_number":"15.2-6213","catch_line":"Chapter liberally construed","url":"\/15.2-6213\/","token":"15.2\/IV\/62\/15.2-6213","metadata":false},{"id":349006,"structure_id":50023,"section_number":"15.2-6214","catch_line":"Revenue sharing agreements","url":"\/15.2-6214\/","token":"15.2\/IV\/62\/15.2-6214","metadata":false}],"previous_section":{"id":348996,"structure_id":50023,"section_number":"15.2-6205","catch_line":"General powers of Authority; regulations; enforcement of statutes, rules, etc","url":"\/15.2-6205\/","token":"15.2\/IV\/62\/15.2-6205","metadata":false},"next_section":{"id":348998,"structure_id":50023,"section_number":"15.2-6207","catch_line":"Acceptance of funds, property, grants, or loans","url":"\/15.2-6207\/","token":"15.2\/IV\/62\/15.2-6207","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-6206\/","history_text":"

This law was first created in 1993. The record of its establishment is cataloged in chapter 982 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 1993 \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 1997, chapter 587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1387083,"object_type":"law","relational_id":348997,"identifier":"15.2-6206","token":"15.2\/IV\/62\/15.2-6206","url":"\/15.2-6206\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-6206\/","token":"15.2\/IV\/62\/15.2-6206","dublin_core":{"Title":"Further powers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-6206","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Authority may:<\/p><\/section>\n\t\t\t\t\t\t

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

2.<\/span> Rent, lease, including the execution of leases with option to purchase, 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; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> 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 expend or use the same in accordance with the directions and requirements attached thereto or imposed thereon by any such federal agency; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Perform any act or function which is in accord with the purposes of this chapter, including (i) borrowing money, including issuing bonds<\/span>, (ii) providing for the guarantee of loans, and (iii) 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 15.2-6206)\n\nThe Authority may:\n\n1. Enter into contractual agreements in furtherance of its purpose;\n\n2. Rent, lease, including the execution of leases with option to purchase, buy,\nown, acquire and dispose of such property, real or personal, as the Authority\ndeems proper to carry out any of the purposes and provisions of this chapter;\n\n3. 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 expend or\nuse the same in accordance with the directions and requirements attached thereto\nor imposed thereon by any such federal agency; and\n\n4. Perform any act or function which is in accord with the purposes of this\nchapter, including (i) borrowing money, including issuing bonds, (ii) providing\nfor the guarantee of loans, and (iii) employing such persons as the Board deems\nnecessary to carry on the business of the Authority.\n\nHISTORY: 1993, c. 982, \u00a7 15.1-1667; 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"}}