Code of Virginia § 10.1-1605. Issuance and sale of bonds.
150 words·~1 min read·
/va/title-10-1/chapter-16/10-1-1605·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The bonds may be issued in coupon or in registered form, or both, as the Authority may determine, and provision may be made for the registration of any coupon bonds as to principal alone and also as to both principal and interest, for the reconversion into coupon bonds of any bonds registered as to both principal and interest, and for the interchange of registered and coupon bonds. The Authority may sell such bonds in the manner, either at public or private sale, and for the price, that it determines will best effect the purposes of this chapter.
Bonds may be issued under the provisions of this chapter without obtaining the consent of any commission, board or agency of the Commonwealth or of any political subdivision, and without any other proceedings or conditions other than those which are specifically required by this chapter.
1986, c. 360, § 10-158.6; 1988, c. 891.