 |
Code of Virginia (Last Updated:July 28, 2020) |
 |
TITLE 15.2. Counties, Cities and Towns |
|
|
SUBTITLE II. Powers of Local Government |
|
|
CHAPTER 11. Powers of Cities and Towns |
|
|
ARTICLE 1. Uniform Charter Powers |
|
|
SECTION 15.2-1105. Borrowing money and issuing evidence of indebtedness |
|
A municipal corporation may, in the name of and for the use of the municipal corporation, borrow money and issue evidence of indebtedness therefor, subject to such limitations as may be imposed by law. Code 1950, § 15-77.7; 1958, c. 328; 1962, c. 623, § 15.1-843; 1997, c. 587. |