{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/62.1-240.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/62.1-240.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/62.1-240.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/62.1-240.2.html"}],"law_id":374882,"edition_id":2,"section_id":374882,"structure_id":53300,"section_number":"62.1-240.2","catch_line":"Powers of the Authority","history":"1994, c. 684.","full_text":"The Authority is authorized to do any act necessary or convenient to the exercise of the powers granted in this chapter or reasonably implied thereby.\n\n","order_by":null,"text":{"0":{"id":1399178,"text":"The Authority is authorized to do any act necessary or convenient to the exercise of the powers granted in this chapter or reasonably implied thereby.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53300,"edition_id":2,"name":"Virginia Water Supply Revolving Fund","identifier":"23","label":"chapter","depth":2,"order_by":40,"parent_id":53275,"metadata":{"child_laws":12,"child_structures":0},"date_created":"2026-08-02 03:14:32","date_modified":"2026-08-02 12:36:55","permalink":{"id":1495873,"object_type":"structure","relational_id":53300,"identifier":"23","token":"62.1\/23","url":"\/62.1\/23\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53275,"edition_id":2,"name":"Waters of the State, Ports and Harbors","identifier":"62.1","label":"title","depth":1,"order_by":132,"parent_id":null,"metadata":{"child_laws":578,"child_structures":74},"date_created":"2026-08-02 03:14:05","date_modified":"2026-08-02 12:36:41","permalink":{"id":1495201,"object_type":"structure","relational_id":53275,"identifier":"62.1","token":"62.1","url":"\/62.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":374873,"structure_id":53300,"section_number":"62.1-233","catch_line":"Definitions","url":"\/62.1-233\/","token":"62.1\/23\/62.1-233","metadata":false},{"id":374874,"structure_id":53300,"section_number":"62.1-234","catch_line":"Creation and management of Fund","url":"\/62.1-234\/","token":"62.1\/23\/62.1-234","metadata":false},{"id":374875,"structure_id":53300,"section_number":"62.1-235","catch_line":"Deposit of money; expenditures; investments","url":"\/62.1-235\/","token":"62.1\/23\/62.1-235","metadata":false},{"id":374876,"structure_id":53300,"section_number":"62.1-236","catch_line":"Annual audit","url":"\/62.1-236\/","token":"62.1\/23\/62.1-236","metadata":false},{"id":374877,"structure_id":53300,"section_number":"62.1-237","catch_line":"Collection of money due Fund","url":"\/62.1-237\/","token":"62.1\/23\/62.1-237","metadata":false},{"id":374878,"structure_id":53300,"section_number":"62.1-238","catch_line":"Loans to local governments or other entities","url":"\/62.1-238\/","token":"62.1\/23\/62.1-238","metadata":false},{"id":374880,"structure_id":53300,"section_number":"62.1-239","catch_line":"Grants","url":"\/62.1-239\/","token":"62.1\/23\/62.1-239","metadata":false},{"id":374879,"structure_id":53300,"section_number":"62.1-239.1","catch_line":"Loans, loan subsidies, and grants for regional projects, etc","url":"\/62.1-239.1\/","token":"62.1\/23\/62.1-239.1","metadata":false},{"id":374883,"structure_id":53300,"section_number":"62.1-240","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/62.1-240\/","token":"62.1\/23\/62.1-240","metadata":false},{"id":374881,"structure_id":53300,"section_number":"62.1-240.1","catch_line":"Sale of loans","url":"\/62.1-240.1\/","token":"62.1\/23\/62.1-240.1","metadata":false},{"id":374882,"structure_id":53300,"section_number":"62.1-240.2","catch_line":"Powers of the Authority","url":"\/62.1-240.2\/","token":"62.1\/23\/62.1-240.2","metadata":false},{"id":374898,"structure_id":53300,"section_number":"62.1-241","catch_line":"Liberal construction of chapter","url":"\/62.1-241\/","token":"62.1\/23\/62.1-241","metadata":false}],"previous_section":{"id":374881,"structure_id":53300,"section_number":"62.1-240.1","catch_line":"Sale of loans","url":"\/62.1-240.1\/","token":"62.1\/23\/62.1-240.1","metadata":false},"next_section":{"id":374898,"structure_id":53300,"section_number":"62.1-241","catch_line":"Liberal construction of chapter","url":"\/62.1-241\/","token":"62.1\/23\/62.1-241","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/62.1-240.2\/","history_text":"<p>This law was first created in 1994. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?941+ful+CHAP0684\">684<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1495915,"object_type":"law","relational_id":374882,"identifier":"62.1-240.2","token":"62.1\/23\/62.1-240.2","url":"\/62.1-240.2\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/62.1-240.2\/","token":"62.1\/23\/62.1-240.2","dublin_core":{"Title":"Powers of the Authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 62.1-240.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Authority<\/span> is authorized to do any act necessary or convenient to the exercise of the powers granted in this chapter or reasonably implied thereby.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPOWERS OF THE AUTHORITY (\u00a7 62.1-240.2)\n\nThe Authority is authorized to do any act necessary or convenient to the\nexercise of the powers granted in this chapter or reasonably implied thereby.\n\nHISTORY: 1994, c. 684.","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"}}