Public Recreational Facilities Authorities Act

  1. Law
  2. Code of Virginia
  3. Counties, Cities and Towns
  4. Public Recreational Facilities Authorities Act

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Section
15.2-5600

Short title

Section
15.2-5601

Definitions

Section
15.2-5602

Creation of authorities

Section
15.2-5603

Board to exercise powers of authority

Section
15.2-5604

Powers of authority generally

Section
15.2-5605

Transfers of property, appropriations and contracts by participating localities

Section
15.2-5606

Acquisition, maintenance and operation of projects; revenues from projects

Section
15.2-5607

Authority to issue bonds; source of payment

Section
15.2-5608

Bond resolution; terms, conditions, form and execution of bonds; sale; interim receipts or temporary bonds

Section
15.2-5609

Trust indenture or agreement to secure payment of bonds

Section
15.2-5610

Fees, rents and other charges; reserves

Section
15.2-5611

Moneys received deemed trust funds

Section
15.2-5612

Remedies of bondholders and trustee

Section
15.2-5613

Authority to exercise a governmental function; exemption from taxation

Section
15.2-5614

Bonds legal investments

Section
15.2-5615

Chapter to constitute complete authority for acts authorized; liberal construction

Section
15.2-5616

Dissolution of authority; disposition of property