Virginia § 2.2-5002 Power to issue obligations not to be denied because interest is subject to federal income taxation

Virginia Statutes

§ 2.2-5002 — Power to issue obligations not to be denied because interest is subject to federal income taxation

Virginia § 2.2-5002

JurisdictionVirginia

Title 2.2ADMINISTRATION OF GOVERNMENT

Subtitle IIADMINISTRATION OF STATE GOVERNMENT

Ch. 50INTEREST ON CERTAIN OBLIGATIONS OF GOVERNMENT INSTRUMENTALITIES

Part BTRANSACTION OF PUBLIC BUSINESS

This text of Virginia § 2.2-5002 (Power to issue obligations not to be denied because interest is subject to federal income taxation) 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. § 2.2-5002 (2026).

Text

The power of any governmental instrumentality, to issue or have issued on its behalf for authorized purposes, bonds, shall not be construed to be restricted or limited solely because the interest thereon is subject, in whole or in part, directly or indirectly, to federal income taxes.

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