{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/36-33.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/36-33.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/36-33.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/36-33.html"}],"law_id":360691,"edition_id":2,"section_id":360691,"structure_id":51589,"section_number":"36-33","catch_line":"Additional remedies conferrable by authority","history":"1938, p. 456; Michie Code 1942, \u00a7 3145(18).","full_text":"An authority shall have power by its resolution, trust indenture, mortgage, lease or other contract to confer upon any obligee holding or representing a specified amount in bonds, or holding a lease, the right (in addition to all rights that may otherwise be conferred), upon the happening of an event of default as defined in such resolution or instrument, by suit, action or proceeding in any court of competent jurisdiction:\n\na\n\nTo cause possession of any housing project or any part thereof to be surrendered to any such obligee.\n\nb\n\nTo obtain the appointment of a receiver of any housing project of the authority or any part thereof and of the rents and profits therefrom. If such receiver be appointed, he may enter and take possession of such housing project or any part thereof and operate and maintain same, and collect and receive all fees, rents, revenues, or other charges thereafter arising therefrom, and shall keep such moneys in a separate account or accounts and supply the same in accordance with the obligation of the authority as the court shall direct.\n\nc\n\nTo require the authority and the commissioners thereof to account as if it and they were the trustees of an express trust.\n\n","order_by":null,"text":{"0":{"id":1342158,"text":"An authority shall have power by its resolution, trust indenture, mortgage, lease or other contract to confer upon any obligee holding or representing a specified amount in bonds, or holding a lease, the right (in addition to all rights that may otherwise be conferred), upon the happening of an event of default as defined in such resolution or instrument, by suit, action or proceeding in any court of competent jurisdiction:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"a"},"1":{"id":1342159,"text":"To cause possession of any housing project or any part thereof to be surrendered to any such obligee.","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"prior_prefix":"","next_prefix":"b"},"2":{"id":1342160,"text":"To obtain the appointment of a receiver of any housing project of the authority or any part thereof and of the rents and profits therefrom. If such receiver be appointed, he may enter and take possession of such housing project or any part thereof and operate and maintain same, and collect and receive all fees, rents, revenues, or other charges thereafter arising therefrom, and shall keep such moneys in a separate account or accounts and supply the same in accordance with the obligation of the authority as the court shall direct.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a","next_prefix":"c"},"3":{"id":1342161,"text":"To require the authority and the commissioners thereof to account as if it and they were the trustees of an express trust.","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b"}},"ancestry":[{"id":51589,"edition_id":2,"name":"Bonds, Trust Indentures and Mortgages","identifier":"4","label":"article","depth":3,"order_by":5,"parent_id":51573,"metadata":{"child_laws":7,"child_structures":0},"date_created":"2026-08-02 02:44:34","date_modified":"2026-08-02 12:32:41","permalink":{"id":1435445,"object_type":"structure","relational_id":51589,"identifier":"4","token":"36\/1\/4","url":"\/36\/1\/4\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51573,"edition_id":2,"name":"Housing Authorities Law","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":51572,"metadata":{"child_laws":83,"child_structures":8},"date_created":"2026-08-02 02:44:20","date_modified":"2026-08-02 12:32:41","permalink":{"id":1435261,"object_type":"structure","relational_id":51573,"identifier":"1","token":"36\/1","url":"\/36\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51572,"edition_id":2,"name":"Housing","identifier":"36","label":"title","depth":1,"order_by":83,"parent_id":null,"metadata":{"child_laws":336,"child_structures":35},"date_created":"2026-08-02 02:44:20","date_modified":"2026-08-02 12:32:40","permalink":{"id":1435259,"object_type":"structure","relational_id":51572,"identifier":"36","token":"36","url":"\/36\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":360686,"structure_id":51589,"section_number":"36-29","catch_line":"Power to issue bonds; liability in general","url":"\/36-29\/","token":"36\/1\/4\/36-29","metadata":false},{"id":360688,"structure_id":51589,"section_number":"36-30","catch_line":"Form and sale of bonds; presumption of validity","url":"\/36-30\/","token":"36\/1\/4\/36-30","metadata":false},{"id":360689,"structure_id":51589,"section_number":"36-31","catch_line":"Provisions of bonds, trust indentures and mortgages","url":"\/36-31\/","token":"36\/1\/4\/36-31","metadata":false},{"id":360690,"structure_id":51589,"section_number":"36-32","catch_line":"Remedies of obligee of authority","url":"\/36-32\/","token":"36\/1\/4\/36-32","metadata":false},{"id":360691,"structure_id":51589,"section_number":"36-33","catch_line":"Additional remedies conferrable by authority","url":"\/36-33\/","token":"36\/1\/4\/36-33","metadata":false},{"id":360692,"structure_id":51589,"section_number":"36-34","catch_line":"Housing bonds to be legal investments, legal security and negotiable","url":"\/36-34\/","token":"36\/1\/4\/36-34","metadata":false},{"id":360693,"structure_id":51589,"section_number":"36-35","catch_line":"Contracts and covenants with federal government, etc.; agreements to sell","url":"\/36-35\/","token":"36\/1\/4\/36-35","metadata":false}],"previous_section":{"id":360690,"structure_id":51589,"section_number":"36-32","catch_line":"Remedies of obligee of authority","url":"\/36-32\/","token":"36\/1\/4\/36-32","metadata":false},"next_section":{"id":360692,"structure_id":51589,"section_number":"36-34","catch_line":"Housing bonds to be legal investments, legal security and negotiable","url":"\/36-34\/","token":"36\/1\/4\/36-34","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/36-33\/","history_text":false,"references":false,"refers_to":false,"permalink":{"id":1435463,"object_type":"law","relational_id":360691,"identifier":"36-33","token":"36\/1\/4\/36-33","url":"\/36-33\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/36-33\/","token":"36\/1\/4\/36-33","dublin_core":{"Title":"Additional remedies conferrable by authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 36-33","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

An authority<\/span> shall have power by its resolution, trust indenture, mortgage, lease or other contract<\/span> to confer upon any obligee<\/span> holding or representing a specified amount in bonds<\/span><\/span>, or holding a lease, the right (in addition to all rights that may otherwise be conferred), upon the happening of an event of default<\/span> as defined in such resolution or instrument, by suit, action or proceeding in any court<\/span> of competent jurisdiction<\/span>:<\/p><\/section>\n\t\t\t\t\t\t

a.<\/span> To cause possession<\/span> of any housing project<\/span> or any part thereof to be surrendered to any such obligee<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> To obtain the appointment of a receiver of any housing project<\/span> of the authority<\/span> or any part thereof and of the rents and profits therefrom. If such receiver be appointed, he may enter and take possession<\/span> of such housing project<\/span> or any part thereof and operate and maintain same, and collect and receive all fees, rents, revenues, or other charges thereafter arising therefrom, and shall keep such moneys in a separate account or accounts and supply the same in accordance with the obligation of the authority<\/span> as the court<\/span> shall direct. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

c.<\/span> To require the authority<\/span> and the commissioners thereof to account as if it and they were the trustees of an express trust. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nADDITIONAL REMEDIES CONFERRABLE BY AUTHORITY (\u00a7 36-33)\n\nAn authority shall have power by its resolution, trust indenture, mortgage,\nlease or other contract to confer upon any obligee holding or representing a\nspecified amount in bonds, or holding a lease, the right (in addition to all\nrights that may otherwise be conferred), upon the happening of an event of\ndefault as defined in such resolution or instrument, by suit, action or\nproceeding in any court of competent jurisdiction:\n\na. To cause possession of any housing project or any part thereof to be\nsurrendered to any such obligee.\n\nb. To obtain the appointment of a receiver of any housing project of the\nauthority or any part thereof and of the rents and profits therefrom. If such\nreceiver be appointed, he may enter and take possession of such housing project\nor any part thereof and operate and maintain same, and collect and receive all\nfees, rents, revenues, or other charges thereafter arising therefrom, and shall\nkeep such moneys in a separate account or accounts and supply the same in\naccordance with the obligation of the authority as the court shall direct.\n\nc. To require the authority and the commissioners thereof to account as if it\nand they were the trustees of an express trust.\n\nHISTORY: 1938, p. 456; Michie Code 1942, \u00a7 3145(18).","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"}}