Code of Virginia § 33.2-1712. Limitations and approvals for certain revenue bonds.
93 words·~1 min read·
/va/title-33-2/chapter-17/33-2-1712·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No bonds payable from the Transportation Trust Fund revenues under a payment agreement between the Board and the Treasury Board and payable first from revenues of that Fund received pursuant to contracts with a primary highway transportation improvement district or a transportation service district shall be issued unless specifically included in a bill or resolution passed by the General Assembly. The Treasury Board is designated the sales and paying agent of the Board with respect to such bonds.
1986, Sp. Sess., c. 13, § 33.1-279.1; 1988, cc. 844, 903; 2014, c. 805 .