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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 15.2. Counties, Cities and Towns |
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SUBTITLE II. Powers of Local Government |
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CHAPTER 24.3. Virginia Infrastructure Project Loan Fund |
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SECTION 15.2-2436. Prioritization of loans |
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In approving loans, the Authority shall give preference to loans for projects that will (i) utilize private industry in the operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance or (ii) serve two or more local governments to encourage regional cooperation. 2010, c. 724 . |