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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>355132</law_id><section_number>23.1-1236</section_number><catch_line>Nature of article</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="62" identifier="23.1">Institutions of Higher Education; Other Educational and Cultural Institutions</unit><unit label="subtitle" level="2" order_by="3" identifier="III">Management and Financing</unit><unit label="chapter" level="3" order_by="3" identifier="12">Virginia College Building Authority</unit><unit label="article" level="4" order_by="2" identifier="2">Nonprofit Private Institutions of Higher Education; Projects</unit></structure><text>
						<section><p>This article is supplemental and additional to powers conferred by other <span class="dictionary">laws</span>, but the issuance of <span class="dictionary">revenue bonds</span> and revenue refunding bonds under the provisions of this article need not comply with the requirements of any other <span class="dictionary">law</span> applicable to the issuance of bonds. Except as otherwise expressly provided in this article, no power granted to the <span class="dictionary">Authority</span> under the provisions of this article is subject to the supervision or regulation of or requires the approval or consent of the Commonwealth, any locality or political subdivision of the Commonwealth, or any department, division, commission, board, body, bureau, official, or agency of any such locality or political subdivision.</p></section></text><history>1972, c. 686, &#xA7; 23-30.56; 2016, c. 588.</history><metadata></metadata></law>
