{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/23.1-2205.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/23.1-2205.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/23.1-2205.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/23.1-2205.html"}],"law_id":355224,"edition_id":2,"section_id":355224,"structure_id":50815,"section_number":"23.1-2205","catch_line":"Secured obligations","history":"Code 1919, \u00a7 821, \u00a7 23-65; 2016, c. 588.","full_text":"It shall be unlawful for the board to issue its obligations to be secured by deed of trust on its real estate without the prior consent of the General Assembly.\n\n","order_by":null,"text":{"0":{"id":1322834,"text":"It shall be unlawful for the board to issue its obligations to be secured by deed of trust on its real estate without the prior consent of the General Assembly.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":50815,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":50814,"metadata":{"child_laws":11,"child_structures":0},"date_created":"2026-08-02 02:33:37","date_modified":"2026-08-02 12:31:21","permalink":{"id":1413171,"object_type":"structure","relational_id":50815,"identifier":"1","token":"23.1\/IV\/22\/1","url":"\/23.1\/IV\/22\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50814,"edition_id":2,"name":"University of Virginia","identifier":"22","label":"chapter","depth":3,"order_by":10,"parent_id":50799,"metadata":{"child_laws":22,"child_structures":5},"date_created":"2026-08-02 02:33:37","date_modified":"2026-08-02 12:31:21","permalink":{"id":1413169,"object_type":"structure","relational_id":50814,"identifier":"22","token":"23.1\/IV\/22","url":"\/23.1\/IV\/22\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50799,"edition_id":2,"name":"Public Institutions of Higher Education","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":50782,"metadata":{"child_laws":211,"child_structures":29},"date_created":"2026-08-02 02:33:29","date_modified":"2026-08-02 12:31:19","permalink":{"id":1412927,"object_type":"structure","relational_id":50799,"identifier":"IV","token":"23.1\/IV","url":"\/23.1\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50782,"edition_id":2,"name":"Institutions of Higher Education; Other Educational and Cultural Institutions","identifier":"23.1","label":"title","depth":1,"order_by":62,"parent_id":null,"metadata":{"child_laws":594,"child_structures":95},"date_created":"2026-08-02 02:33:18","date_modified":"2026-08-02 12:31:13","permalink":{"id":1411583,"object_type":"structure","relational_id":50782,"identifier":"23.1","token":"23.1","url":"\/23.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":355219,"structure_id":50815,"section_number":"23.1-2200","catch_line":"Corporate name; name of the University","url":"\/23.1-2200\/","token":"23.1\/IV\/22\/1\/23.1-2200","metadata":false},{"id":355220,"structure_id":50815,"section_number":"23.1-2201","catch_line":"Membership","url":"\/23.1-2201\/","token":"23.1\/IV\/22\/1\/23.1-2201","metadata":false},{"id":355221,"structure_id":50815,"section_number":"23.1-2202","catch_line":"Meetings; officers; committees","url":"\/23.1-2202\/","token":"23.1\/IV\/22\/1\/23.1-2202","metadata":false},{"id":355222,"structure_id":50815,"section_number":"23.1-2203","catch_line":"Courses of study to be taught","url":"\/23.1-2203\/","token":"23.1\/IV\/22\/1\/23.1-2203","metadata":false},{"id":355223,"structure_id":50815,"section_number":"23.1-2204","catch_line":"Salary of president and professors; fees","url":"\/23.1-2204\/","token":"23.1\/IV\/22\/1\/23.1-2204","metadata":false},{"id":355224,"structure_id":50815,"section_number":"23.1-2205","catch_line":"Secured obligations","url":"\/23.1-2205\/","token":"23.1\/IV\/22\/1\/23.1-2205","metadata":false},{"id":355225,"structure_id":50815,"section_number":"23.1-2206","catch_line":"Payment of bonds of the University","url":"\/23.1-2206\/","token":"23.1\/IV\/22\/1\/23.1-2206","metadata":false},{"id":355226,"structure_id":50815,"section_number":"23.1-2207","catch_line":"Payment of interest on debt of University; sinking fund","url":"\/23.1-2207\/","token":"23.1\/IV\/22\/1\/23.1-2207","metadata":false},{"id":355227,"structure_id":50815,"section_number":"23.1-2208","catch_line":"Provision for interest on certain bonds","url":"\/23.1-2208\/","token":"23.1\/IV\/22\/1\/23.1-2208","metadata":false},{"id":355228,"structure_id":50815,"section_number":"23.1-2209","catch_line":"Powers and duties","url":"\/23.1-2209\/","token":"23.1\/IV\/22\/1\/23.1-2209","metadata":false},{"id":355230,"structure_id":50815,"section_number":"23.1-2210","catch_line":"Investment of endowment funds, endowment income, etc","url":"\/23.1-2210\/","token":"23.1\/IV\/22\/1\/23.1-2210","metadata":false}],"previous_section":{"id":355223,"structure_id":50815,"section_number":"23.1-2204","catch_line":"Salary of president and professors; fees","url":"\/23.1-2204\/","token":"23.1\/IV\/22\/1\/23.1-2204","metadata":false},"next_section":{"id":355225,"structure_id":50815,"section_number":"23.1-2206","catch_line":"Payment of bonds of the University","url":"\/23.1-2206\/","token":"23.1\/IV\/22\/1\/23.1-2206","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-2205\/","history_text":"<p>The record of this law\u2019s original creation isn\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 2016, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?161+ful+CHAP0588\">588<\/a>.<\/p>","references":[{"id":355049,"section_number":"23.1-1015","catch_line":"Covered institutions; operational authority; financial operations; power to issue bonds, notes, or other obligations","order_by":null,"url":"\/23.1-1015\/"}],"refers_to":false,"permalink":{"id":1413193,"object_type":"law","relational_id":355224,"identifier":"23.1-2205","token":"23.1\/IV\/22\/1\/23.1-2205","url":"\/23.1-2205\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/23.1-2205\/","token":"23.1\/IV\/22\/1\/23.1-2205","dublin_core":{"Title":"Secured obligations","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-2205","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>It shall be unlawful for the board to <span class=\"dictionary\">issue<\/span> its obligations to be secured by deed of trust on its real estate without the prior consent of the General Assembly.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nSECURED OBLIGATIONS (\u00a7 23.1-2205)\n\nIt shall be unlawful for the board to issue its obligations to be secured by\ndeed of trust on its real estate without the prior consent of the General\nAssembly.\n\nHISTORY: Code 1919, \u00a7 821, \u00a7 23-65; 2016, c. 588.","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"}}