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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>348712</law_id><section_number>15.2-5350</section_number><catch_line>Form</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="46" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="4" identifier="IV">Other Governmental Entities</unit><unit label="chapter" level="3" order_by="11" identifier="53">Hospital Authorities</unit><unit label="article" level="4" order_by="3" identifier="3">Bonds</unit></structure><text>
						<section><p>The <span class="dictionary"><span class="dictionary">bonds</span></span> of the <span class="dictionary">authority</span> shall be authorized by its resolution and shall be issued in one or more series and shall bear such date or dates, mature at such time or times, not exceeding sixty years from their respective dates, bear interest at such rate or rates payable at such time or times, be in such denominations (which may be made interchangeable), be in such form, either coupon or registered, carry such registration <span class="dictionary">privileges</span>, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of <span class="dictionary">redemption</span>, with or without premium, as such resolution or its <span class="dictionary">trust indenture</span> may provide.</p></section></text><history>Code 1950, &#xA7; 32-265; 1973, c. 462, &#xA7; 15.1-1585; 1979, c. 719; 1997, c. 587.</history><metadata></metadata></law>
