Public Finance Act

Sections covered

• Va. Code Ann. § 15.2-2600Short title1 cite
• Va. Code Ann. § 15.2-2601Chapter not to affect general, special and local acts and charters under which bonds are issued or validated1 cite
• Va. Code Ann. § 15.2-2602Definitions1 cite
• Va. Code Ann. § 15.2-2603Disposition of unclaimed funds due on matured bonds or coupons
• Va. Code Ann. § 15.2-2604Powers generally1 cite
• Va. Code Ann. § 15.2-2605Collection of rents and charges; liens on real estate; discharge and enforcement of liens
• Va. Code Ann. § 15.2-2606Public hearing before issuance of bonds1 cite
• Va. Code Ann. § 15.2-2607Provisions which may be embodied in bond ordinances or resolution; adoption; filing copy with court
• Va. Code Ann. § 15.2-2608Bonds for revenue-producing undertakings
• Va. Code Ann. § 15.2-2609Covenants relating to issuance of revenue bonds
• Va. Code Ann. § 15.2-2610Request for referendum filed with court; order for election; notice
• Va. Code Ann. § 15.2-2611Holding of election; order authorizing bonds; authority of governing body
• Va. Code Ann. § 15.2-2612Dating; rate of interest; maturity; denomination; place of payment
• Va. Code Ann. § 15.2-2613Form and manner of execution; signature of person ceasing to be officer
• Va. Code Ann. § 15.2-2614Bearer, registered or book entry form
• Va. Code Ann. § 15.2-2615Bonds deemed negotiable instruments
• Va. Code Ann. § 15.2-2616Interim receipts or temporary bonds exchangeable for definitive bonds
• Va. Code Ann. § 15.2-2617Sale of bonds
• Va. Code Ann. § 15.2-2618Disposition of proceeds; separate fund
• Va. Code Ann. § 15.2-2619Investment of proceeds pending application to authorized purpose
• Va. Code Ann. § 15.2-2620Bonds made legal investments
• Va. Code Ann. § 15.2-2621Bonds mutilated, lost or destroyed
• Va. Code Ann. § 15.2-2622Destruction of bonds and coupons after payment in full
• Va. Code Ann. § 15.2-2623Defeasance of indebtedness; rights of owners
• Va. Code Ann. § 15.2-2624Tax to pay principal and interest
• Va. Code Ann. § 15.2-2625Deposit of funds; security; investment of funds
• Va. Code Ann. § 15.2-2626Contracts concerning interest rates, currency, cash flow or other basis
• Va. Code Ann. § 15.2-2627Time for contesting validity of proposed bond issue; when bonds presumed valid
• Va. Code Ann. § 15.2-2628Notes in anticipation of bond issue
• Va. Code Ann. § 15.2-2629Loans to meet appropriations for current year
• Va. Code Ann. § 15.2-2630Loans in anticipation of federal and state funds
• Va. Code Ann. § 15.2-2631Terms of temporary loans
• Va. Code Ann. § 15.2-2632Certain debts that may be contracted by city on transition from town
• Va. Code Ann. § 15.2-2633Borrowing by certain cities to pay expenses
• Va. Code Ann. § 15.2-2634Limitation on amount of outstanding bonds
• Va. Code Ann. § 15.2-2635What indebtedness not included in determining limitation
• Va. Code Ann. § 15.2-2636Ordinance or resolution to provide for issue of bonds
• Va. Code Ann. § 15.2-2637Danville to incur indebtedness only in accordance with charter
• Va. Code Ann. § 15.2-2638Powers of counties generally; approval of voters required
• Va. Code Ann. § 15.2-2639County may elect to be treated as city for issuing bonds
• Va. Code Ann. § 15.2-2640Resolution for bond issue; contents; request for bonds for school purposes
• Va. Code Ann. § 15.2-2641Subsequent resolutions
• Va. Code Ann. § 15.2-2642School district bonds
• Va. Code Ann. § 15.2-2643Authority for issuance; resolutions or ordinances
• Va. Code Ann. § 15.2-2644Issuance or exchange for indebtedness to be retired; sale and disposition of proceeds; rights of owners
• Va. Code Ann. § 15.2-2645Amount of bonds
• Va. Code Ann. § 15.2-2646Participation in funds donated by the Commonwealth
• Va. Code Ann. § 15.2-2647Expenses of authorization and issuance; agent to assist in refunding transaction
• Va. Code Ann. § 15.2-2648Purchase in open market
• Va. Code Ann. § 15.2-2649District refunding bonds
• Va. Code Ann. § 15.2-2650Article controlling as to proceedings involving validity
• Va. Code Ann. § 15.2-2651Proceeding by political subdivision to establish validity; procedure; parties defendant1 cite
• Va. Code Ann. § 15.2-2652Service by publication of motion for judgment; parties defendant
• Va. Code Ann. § 15.2-2653Contesting issuance of bonds; notice and hearing; service on member of governing body, etc2 cites
• Va. Code Ann. § 15.2-2654Reply by party defendant; intervention by interested parties; determination of questions; orders; precedence over other business1 cite
• Va. Code Ann. § 15.2-2655Consolidation of actions or proceedings
• Va. Code Ann. § 15.2-2656Appeals
• Va. Code Ann. § 15.2-2657Decree validating bonds binding and conclusive
• Va. Code Ann. § 15.2-2658Bonds invalidated only for substantial defects, etc.; matters of form disregarded1 cite
• Va. Code Ann. § 15.2-2659Investigation by Governor of alleged defaults; withholding state funds from defaulting locality; payment of funds withheld; receipts, reports, etc.; magisterial and school district defaults included
• Va. Code Ann. § 15.2-2660Bonds not affected by project undertaken
• Va. Code Ann. § 15.2-2661Provisions of chapter controlling; powers conferred are additional1 cite
• Va. Code Ann. § 15.2-2662Validation of bonds
• Va. Code Ann. § 15.2-2663Transition