Code of Virginia - Title 15.2 Counties, Cities And Towns - Chapter 53.1 Southwest Virginia Health Facilities Authority

15.2-5368 Southwest Virginia Health Facilities Authority established
There is hereby established a Health Facilities Authority for the LENOWISCO and Cumberland Plateau Planning District Commissions. (2007, c. 676.) ...

15.2-5369 Definitions
As used in this chapter, unless the context requires a different meaning: "Authority" means any political subdivision, a body politic and corporate, created, organized, and ...

15.2-5370 Directors; qualifications; terms; vacancies
The Authority shall be governed by a board of directors in which all powers of the Authority shall be vested. The Authority shall consist of ...

15.2-5371 Decisions of Authority
A majority of the Authority, which majority shall include at least a majority of the representatives of the counties and cities embraced by the Authority, ...

15.2-5372 Payment to members of Authority
The members of the Authority may be paid for their services compensation in either (i) the amount provided in the general appropriation act for members ...

15.2-5373 Executive director; staff
The Authority shall appoint an executive director, who shall be authorized to employ such staff as necessary to enable the Authority to perform its duties ...

15.2-5374 Powers of Authority
The Authority shall have all powers necessary or convenient to carry out the general purposes of this chapter, including the power to: 1. Sue and ...

15.2-5375 Appropriations to Authority
Any participating locality is authorized to make appropriations to the Authority from available funds or from funds provided for the purpose by bond issues for ...

15.2-5376 Issuance of bonds by participating localities and validation thereof
Any participating locality may issue its general obligation bonds in the manner provided in the Public Finance Act (§ 15.2-2600 et seq.) in furtherance of ...

15.2-5377 Issuance and sale of bonds
Any bonds issued by the Authority may be issued in one or more series, shall bear such date or dates, mature at such time or ...

15.2-5378 Provisions to secure payment of bonds
Any Authority resolution authorizing the issuance of any bonds may contain provisions, which shall be a part of the contract with the holders of the ...

15.2-5379 Bonds made legal investments
Any bonds issued pursuant to the authority of this chapter are hereby made securities in which all public officers and bodies of this Commonwealth and ...

15.2-5380 Bonds payable from revenues of hospital or health centers
Any bonds issued under this chapter shall be payable only from the revenues and receipts of the hospital or health center for the acquisition, establishment, ...

15.2-5381 Property of Authority exempt from foreclosure or execution sale and judgment lien
No interest of the Authority in any property, real or personal, shall be subject to sale by foreclosure of a mortgage, trust indenture, or any ...

15.2-5382 Receiver
The Authority may, by its trust indenture given to secure bond issues or other obligations, provide for the appointment of a receiver of the hospital ...

15.2-5383 Eminent domain
The Authority shall have the right to acquire by eminent domain any real property, including fixtures and improvements, that it deems necessary to carry out ...

15.2-5384 Records and reports
The Authority shall keep and preserve complete records of its operations and transactions, which records shall be open to inspection by the participating subdivisions at ...

15.2-5385 Chapter supplemental; application of other laws; consent of local governing bodies or other agencie...
The provisions of this chapter shall be deemed to provide a complete, additional, and alternative method for doing the things authorized herein and shall be ...

15.2-5386 Limitations of the Authority
A. No provision related to the establishment, powers, or authorities of the Southwest Virginia Health Facilities Authority, its subsidiaries, or successors, shall apply to the ...