2.2-2296 - How bonds paid and secured. - Virginia Statutes

§ 2.2-2296. How bonds paid and secured.

Except as may otherwise be expressly provided by the Authority in proceedingsrelating to a particular issue of bonds, every issue of its bonds shall bepayable solely out of any revenues of the Authority. The bonds additionallymay be secured by a pledge of any grant, contribution or guarantee from thefederal government or any person or a pledge by the Authority of any revenuesfrom any source.

(1984, c. 749, § 9-220; 2001, c. 844.)