Virginia Statutes

§ 15.2-2326 — Use of proceeds

Virginia § 15.2-2326
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IIPOWERS OF LOCAL GOVERNMENT
Ch. 22PLANNING, SUBDIVISION OF LAND AND ZONING
Art. 8ROAD IMPACT FEES

This text of Virginia § 15.2-2326 (Use of proceeds) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 15.2-2326 (2026).

Text

A separate road improvement account shall be established for the impact fee service area and all funds collected through impact fees shall be deposited in the interest-bearing account. Interest earned on deposits shall become funds of the account. The expenditure of funds from the account shall be only for road improvements benefiting the impact fee service area as set out in the road improvement plan for the impact fee service area.

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Legislative History

1989, c. 485, § 15.1-498.9; 1992, c. 465; 1997, c. 587; 2007, c. 896.

Nearby Sections

15
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Bluebook (online)
Virginia § 15.2-2326, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-2326.