15.2-5907 - Acquisition of property. - Virginia Statutes

§ 15.2-5907. Acquisition of property.

A. The Authority may acquire in its own name, by gift or purchase, any realor personal property, or interests in property, necessary or convenient toconstruct or operate any facility.

B. In any jurisdiction where planning, zoning, and development regulationsmay apply, the Authority shall comply with and is subject to thoseregulations to the same extent as a private commercial or industrialenterprise.

(1996, c. 1021, § 15.1-1695; 1997, c. 587.)