Code of Virginia - Title 33.1 Highways, Bridges And Ferries - Section 33.1-279.1 Limitations and approvals for revenue bonds secured by Transportation Trust Fund revenues under pay...

§ 33.1-279.1. Limitations and approvals for revenue bonds secured by Transportation Trust Fund revenues under pay...

No bonds payable from 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 hereby designated the sales and paying agent of the Board with respect to such bonds.

(1986, Sp. Sess., c. 13; 1988, cc. 844, 903.)

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Last modified: April 3, 2009