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Code of Virginia

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Code of Virginia
Title 15.2. Counties, Cities and Towns
Chapter 60. Virginia Coalfield Economic Development Authority
11/8/2024

§ 15.2-6007. Acceptance of funds, property and grants or loans.

The Authority may accept funds and property from the federal government, the Commonwealth, persons and localities, and may use the same for any of the purposes for which the Authority is created.

Localities are hereby authorized to lend or donate money or other property to the Authority for any of its purposes. The locality making the grant or loan may restrict the use of such grants or loans to a specific project, within or outside that locality.

1988, c. 833, § 15.1-1642; 1990, c. 341; 1997, c. 587.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.