15.2-5347 - How payable. - Virginia Statutes

§ 15.2-5347. How payable.

The principal and interest on such bonds shall be payable from such sourcesas the authority may determine, including (without limiting the generality ofthe foregoing) (i) its revenues generally, (ii) exclusively from the revenuesand receipts of a particular hospital project, or (iii) exclusively from therevenues and receipts of certain designated hospital projects, whether theyare financed in whole or in part from the proceeds of such bonds. The bondsmay be additionally secured by a pledge of any grant or contribution from anylocality or from any government or governmental authority.

(Code 1950, § 32-262; 1973, c. 462, § 15.1-1582; 1979, c. 719; 1997, c. 587.)