Code of Virginia - Title 15.2 Counties, Cities And Towns - Chapter 55.2 Tourism Financing Development Authority Act

15.2-5516 Short title
This chapter shall be known and may be cited as the "Tourism Financing Development Authority Act." (2007, c. 864.) ...
15.2-5517 One or more localities may create authority
The governing body of a locality may by ordinance or resolution, or the governing bodies of two or more localities may by concurrent ordinances or ...
15.2-5518 Directors; qualifications; terms; vacancies; compensation and expenses; quorum; records
A. The authority shall be governed by a board of directors in which all powers of the authority shall be vested and which board shall ...
15.2-5519 Powers of authority
The authority shall have the following powers together with all powers incidental thereto or necessary for the performance of those hereinafter stated: 1. To sue ...
15.2-5520 Liability of authority
All expenses incurred in carrying out the provisions of this chapter shall be payable solely from the funds of the authority and no liability or ...
15.2-5521 Dissolution of authority; disposition of property
Whenever the board of directors of the authority by resolution determines that the purposes for which the authority was formed have been substantially complied with, ...
15.2-5522 Powers, etc., severable; provisions of chapter controlling over other statutes and charter...
The powers granted and the duties imposed in this chapter are independent and severable. If any one or more sections, subsections, sentences, or parts of ...

Last modified: April 2, 2009