Use of bond proceeds

Va. Code Ann. § 10.1-1606
in effect
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The proceeds of the bonds of each issue shall be used solely for the purposes of the Authority provided in the resolution authorizing the issuance of the bonds or in the trust agreement authorized in this chapter. 1986, c. 360, § 10-158.6; 1988, c. 891.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/10.1-1606/Fetched: 10/16/2026

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