All expenses incurred by the Authority in carrying out the provisions of this article shall be payable solely from funds provided under this article, and nothing in this article shall be construed to authorize the Authority to incur indebtedness or liability on behalf of or payable by the Commonwealth or any of its other political subdivisions.
Va. Code Ann. § 2.2-2308
Expenses of Authority; liability of Commonwealth or political subdivision prohibited
Known as the Virginia Small Business Financing Act
The act spans §§ 2–2 (38 sections).
1984, c. 749, § 9-232; 2001, c. 844.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.