Virginia Statutes

§ 15.2-5349 — Bond indebtedness

Virginia § 15.2-5349
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IVOTHER GOVERNMENTAL ENTITIES
Ch. 53HOSPITAL AUTHORITIES
Art. 3BONDS

This text of Virginia § 15.2-5349 (Bond indebtedness) 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. § 15.2-5349 (2026).

Text

The bonds and other obligations of the authority, and such bonds and obligations shall so state on their face, shall not be a debt of any city in which the authority is located or of the Commonwealth, and neither the Commonwealth nor any such city shall be liable thereon. In no event shall they be payable out of any funds or properties other than those of the authority. The bonds shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation of the laws of the Commonwealth.

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Legislative History

Code 1950, § 32-264; 1979, c. 719, § 15.1-1584; 1997, c. 587.

Nearby Sections

15
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Bluebook (online)
Virginia § 15.2-5349, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-5349.