Code of Virginia § 15.2-2436. Prioritization of loans.
56 words·~1 min read·
/va/title-15-2/chapter-24-3/15-2-2436·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In approving loans, the Authority shall give preference to loans for projects that will
(i)utilize private industry in the operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance or
(ii)serve two or more local governments to encourage regional cooperation.
2010, c. 724 .