The resolution providing for the issuance of revenue bonds of the authority, and any trust agreement securing such bonds, may contain such limitations upon the issuance of additional revenue bonds as the authority deems proper. Such additional revenue bonds shall be issued under such limitations.
Va. Code Ann. § 15.2-5130
Limitations in bond resolution or trust agreement
Known as the Virginia Water and Waste Authorities Act
The act spans §§ 15.2-5100 to 15.2-5159 (62 sections).
Code 1950, § 15-764.18; 1950, p. 1323; 1962, c. 623, § 15.1-1256; 1997, c. 587.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.