Code of Virginia (Last Updated:July 28, 2020) |
TITLE 15.2. Counties, Cities and Towns |
SUBTITLE IV. Other Governmental Entities |
CHAPTER 64. Virginia Regional Industrial Facilities Act |
SECTION 15.2-6412. Tax revenues of the Commonwealth or any other political subdivision not pledged |
Nothing in this chapter shall be construed as authorizing the pledging of the faith and credit of the Commonwealth of Virginia, or any of its revenues, or the faith and credit of any other political subdivision of the Commonwealth, or any of its revenues, for the payment of any bonds issued by an authority. 1997, cc. 276 , 587, § 15.1-1722. |