15.2-5380 - Bonds payable from revenues of hospital or health centers. - Virginia Statutes

§ 15.2-5380. Bonds payable from revenues of hospital or health centers.

Any bonds issued under this chapter shall be payable only from the revenuesand receipts of the hospital or health center for the acquisition,establishment, or construction of which the bonds were issued and from anyproperty the Authority has made subject to a lien to secure such bonds. Thebonds and other obligations of the Authority shall not be a debt of anylocality or of the Commonwealth, and neither the Authority members nor anyperson executing the bonds or other obligations shall be liable personallythereon by reason of the issuance thereof.

(2007, c. 676.)