33.1-279.1 - Limitations and approvals for revenue bonds secured by Transportation Trust Fund revenues under payment agreement and payable first from such revenues received pursuant to contracts with - Virginia Statutes

§ 33.1-279.1. Limitations and approvals for revenue bonds secured byTransportation Trust Fund revenues under payment agreement and payable firstfrom such revenues received pursuant to contracts with a transportationdistrict.

No bonds payable from Trust Fund revenues under a payment agreement betweenthe Board and the Treasury Board and payable first from revenues of that Fundreceived pursuant to contracts with a primary highway transportationimprovement district or a transportation service district shall be issuedunless specifically included in a bill or resolution passed by the GeneralAssembly. The Treasury Board is hereby designated the sales and paying agentof the Board with respect to such bonds.

(1986, Sp. Sess., c. 13; 1988, cc. 844, 903.)