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Statutes > Virginia Statutes > Title 15.2 - COUNTIES, CITIES AND TOWNS. > Chapter 56 - Public Recreational Facilities Authorities Act (15.2-5600 thru 15.2-5616)

Chapter 56 - Public Recreational Facilities Authorities Act (15.2-5600 thru 15.2-5616)

  • 15.2-5600 - Short title.
  • 15.2-5601 - Definitions.
  • 15.2-5602 - Creation of authorities.
  • 15.2-5603 - Board to exercise powers of authority.
  • 15.2-5604 - Powers of authority generally.
  • 15.2-5605 - Transfers of property, appropriations and contracts by participating localities.
  • 15.2-5606 - Acquisition, maintenance and operation of projects; revenues from projects.
  • 15.2-5607 - Authority to issue bonds; source of payment.
  • 15.2-5608 - Bond resolution; terms, conditions, form and execution of bonds; sale; interim receipts or temporary bonds.
  • 15.2-5609 - Trust indenture or agreement to secure payment of bonds.
  • 15.2-5610 - Fees, rents and other charges; reserves.
  • 15.2-5611 - Moneys received deemed trust funds.
  • 15.2-5612 - Remedies of bondholders and trustee.
  • 15.2-5613 - Authority to exercise a governmental function; exemption from taxation.
  • 15.2-5614 - Bonds legal investments.
  • 15.2-5615 - Chapter to constitute complete authority for acts authorized; provisions severable; liberal construction.
  • 15.2-5616 - Dissolution of authority; disposition of property.




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