Code of Virginia (Last Updated:July 28, 2020) |
TITLE 2.2. Administration of Government |
SUBTITLE I. Organization of State Government |
PART D. State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies |
CHAPTER 22. Authorities |
ARTICLE 7. Virginia Small Business Financing Authority |
SECTION 2.2-2308. Expenses of Authority; liability of Commonwealth or political subdivision prohibited |
SECTION 2.2-2308. Expenses of Authority; liability of Commonwealth or political subdivision prohibited
All expenses incurred by the Authority in carrying out the provisions of this article shall be payable solely from funds provided under this article, and nothing in this article shall be construed to authorize the Authority to incur indebtedness or liability on behalf of or payable by the Commonwealth or any of its other political subdivisions. 1984, c. 749, § 9-232; 2001, c. 844 . |