The Authority may invest in, purchase or make commitments to invest in or purchase, and take assignments or make commitments to take assignments, of loans made by lenders for the acquisition, construction, rehabilitation, expansion or purchase of a project for eligible business.
Va. Code Ann. § 2.2-2294
Investment in, purchase or assignment of loans; conditions
Known as the Virginia Small Business Financing Act
The act spans §§ 2–2 (38 sections).
1984, c. 749, § 9-218; 2001, c. 844; 2003, c. 339.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.