§ 15.2-4920. Validation of creation of authorities, appointment of directors and proceedings; curative resolutio...
All proceedings heretofore taken with respect to the creation of authorities by any locality pursuant to this chapter are hereby validated and confirmed and all such authorities are declared to be legally created. All incumbent directors of authorities are declared to be and are lawfully appointed directors of authorities, notwithstanding any failure to conform to the requirements of this chapter, and all such appointments are hereby ratified, validated and confirmed. However, all terms of incumbent directors shall conform to § 15.2-4904. The governing body of any locality is hereby authorized to adopt such corrective resolutions as may be necessary to carry out the requirements of the immediately preceding sentence. All proceedings heretofore taken to provide for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any authority are hereby validated, ratified, approved and confirmed, and any such bonds so issued shall be valid, legal, binding and enforceable obligations of such authority.
(1980, c. 304, § 15.1-1391; 1997, c. 587.)
Sections: Previous 15.2-4906 15.2-4907 15.2-4908 15.2-4909 15.2-4910 15.2-4911 15.2-4912 15.2-4913 15.2-4914 15.2-4915 15.2-4916 15.2-4917 15.2-4918 15.2-4919 15.2-4920Last modified: April 16, 2009