reglab/housing_qa huggingface dataset:
VA Code § 23.1-1213 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1213. Enforcement of rights and duties by bondholder or trustee under trust indenture

Any (i) holder of bonds issued under the provisions of this article or any of the coupons appertaining to such bonds and (ii) trustee under any trust indenture may, either at law or in equity, by suit, action, mandamus, or other proceeding, (a) protect and enforce any and all rights under the laws of the Commonwealth, the trust indenture, or the resolution authorizing the issuance of such bonds and (b) enforce and compel the performance of all duties required by this article or such trust indenture or resolution to be performed by the Authority or by any officer of the Authority, except to the extent that such rights are restricted by the trust indenture or the resolution authorizing the issuance of such bonds.1964, c. 607, § 23-30.32; 1966, c. 685; 2016, c. 588.
VA Code § 23.1-1214 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1214. Exemption of bonds from taxation

The bonds issued by the Authority under the provisions of this article, the transfer of such bonds, and the income from such bonds, including any profit made on the sale of such bonds, is exempt from taxation by the Commonwealth and any locality or political subdivision of the Commonwealth.1964, c. 607, § 23-30.33; 1966, c. 685; 2016, c. 588.
VA Code § 23.1-1215 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1215. Bonds made lawful investments

All bonds issued by the Authority under the provisions of this article are securities (i) in which all public officers and bodies of the Commonwealth and its localities and political subdivisions and all insurance companies and associations, savings banks and savings institutions, including savings and loan associations, commercial banks and trust companies, beneficial and benevolent associations, administrators, guardians, executors, trustees, and other fiduciaries in the Commonwealth may properly and legally invest funds under their control and (ii) that may properly and legally be deposited with and received by any state officer or officer of a locality or any agency or political subdivision of the Commonwealth for any purpose for which the deposit of bonds or obligations is authorized by law.1964, c. 607, § 23-30.34; 1966, c. 685; 2016, c. 588.
VA Code § 23.1-1216 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1216. Annual report; examination of records, books, and accounts

A. The Authority shall submit to the Governor and General Assembly an annual report of the interim activity and work of the Authority on or before November 1 of each year. Such report shall be submitted as a report document as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website. Such report shall contain, at a minimum, the annual financial statements of the Authority for the year ending the preceding June 30.B. The records, books, and accounts of the Authority are subject to examination and inspection by duly authorized representatives of the General Assembly and any bondholder at any reasonable time, provided that such examination and inspection do not unduly interrupt or interfere with the business of the Authority.1964, c. 607, § 23-30.36; 1966, c. 685; 1984, c. 734; 1985, c. 146; 2004, c. 650; 2016, c. 588.
VA Code § 23.1-1217 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1217. Annual audit

The Auditor of Public Accounts or his legally authorized representatives shall annually audit the accounts of the Authority, and the cost of such audit shall be borne by the Authority.1987, c. 74, § 23-30.36:1; 2016, c. 588.
VA Code § 23.1-1218 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1218. Article liberally construed; powers of Authority not subject to supervision by certain entities

A. This article, being necessary for the welfare of the Commonwealth and its inhabitants, shall be liberally construed to effect the purpose of this article.B. Except as otherwise expressly provided in this article, none of the powers granted to the Authority under the provisions of this article are subject to the supervision or regulation or require the approval or consent of (i) any locality or political subdivision of the Commonwealth or (ii) any commission, board, bureau, official, or agency of (a) any such locality or political subdivision or (b) the Commonwealth.1964, c. 607, § 23-30.37; 1966, c. 685; 2015, c. 709; 2016, c. 588.
VA Code § 23.1-1219 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1219. Jurisdiction of suits against Authority; service of process

The Circuit Court of the City of Richmond has exclusive jurisdiction over any suit brought in the Commonwealth against the Authority, and process in such suit shall be served either on the State Comptroller or on the chairman of the Authority.1964, c. 607, § 23-30.38; 1966, c. 685; 2016, c. 588.
VA Code § 23.1-1221 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1221. Declaration of policy and purpose

A. For the benefit of the people of the Commonwealth, the increase of their commerce, welfare, and prosperity, and the improvement of their health and living conditions, it is essential that (i) this and future generations of youth be given the fullest opportunity to learn and develop their intellectual and mental capacities and (ii) participating institutions be provided with appropriate additional means to assist such youth in achieving the required levels of learning and development of their intellectual and mental capacities.B. The purpose of this article is to provide a measure of assistance and an alternative method to enable participating institutions to provide the facilities and structures that are sorely needed to accomplish the purposes of this article, all to the public benefit and good, to the extent and manner provided in this article.1972, c. 686, § 23-30.39; 2016, c. 588.
VA Code § 23.1-1222 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1222. Expenses of administering article

All expenses incurred in carrying out the provisions of this article shall be payable solely from funds provided under the provisions of this article, and no liability or obligation shall be incurred by the Authority pursuant to this article beyond the extent to which moneys have been provided under the provisions of this article.1972, c. 686, § 23-30.43; 2016, c. 588.
VA Code § 23.1-1224 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1224. Duties; conveyance of title to projects

When (i)(a) the principal of and interest on revenue bonds of the Authority issued to finance the cost of a project for any participating institutions, including any revenue refunding bonds issued to refund and refinance such revenue bonds, have been fully paid and retired or (b) adequate provision has been made to fully pay and retire such bonds; (ii) all other conditions of the resolution or trust agreement authorizing and securing the same have been satisfied; and (iii) the lien of such resolution or trust agreement has been released in accordance with the provisions of such resolution or trust agreement, the Authority shall convey title to such project to such participating institution free and clear of all liens and encumbrances if title to such project is not yet vested in such participating institution.1972, c. 686, § 23-30.45; 2016, c. 588.
VA Code § 23.1-1225 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1225. Powers; acquisition of property

The Authority may, directly or through a participating institution as its agent, acquire by (i) purchase solely from funds provided under the provisions of this article, (ii) gift, or (iii) devise, such lands, structures, property, real or personal, rights, rights-of-way, air rights, franchises, easements, and other interests in lands, including lands lying under water and riparian rights, that are located within the Commonwealth as it may deem necessary or convenient for the acquisition, construction, or operation of a project, upon such terms and at such prices as it deems reasonable and can be agreed upon between it and the owner of the property and take title to the property in the name of the Authority or any participating institution as its agent.1972, c. 686, § 23-30.44; 2016, c. 588; 2017, c. 314.
VA Code § 23.1-1226 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1226. Powers; issuance of negotiable notes

The Authority may issue negotiable notes for any corporate purpose or renew any notes by the issuance of new notes, whether or not the notes to be renewed have matured. The Authority may issue notes partly to renew notes or to discharge other obligations then outstanding and partly for any other purpose. Such notes may be authorized, sold, executed, and delivered in the same manner as bonds. Any resolution authorizing notes or any issuance of notes by the Authority may contain any provision that the Authority may include in any resolution authorizing revenue bonds or any issuance of revenue bonds by the Authority, and the Authority may include in any note any term, covenant, or condition that it may include in any bond. All such notes are payable solely from the revenues of the Authority, subject only to any contractual rights of the holders of any of its notes or other obligations then outstanding.1972, c. 686, § 23-30.46; 2016, c. 588.
VA Code § 23.1-1228 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1228. Powers; security for revenue bonds

A. The Authority may secure any revenue bonds issued under the provisions of this article by a trust agreement between the Authority and a corporate trustee that may be any trust company or bank having the powers of a trust company within or outside the Commonwealth. Such trust agreement or the resolution providing for the issuance of such revenue bonds may (i) pledge or assign the revenues to be received or proceeds of any contract pledged, (ii) convey or mortgage the project or any portion of the project, or (iii) contain provisions for protecting and enforcing the rights and remedies of the bondholders that the Authority deems reasonable and proper and are not in violation of law, including provisions that may be included in any resolution of the Authority authorizing revenue bonds pursuant to this article.B. Any bank or trust company incorporated under the laws of the Commonwealth that may act as depository of the proceeds of bonds, revenues, or other moneys may furnish such indemnifying bonds or pledge such securities as may be required by the Authority.C. Any such trust agreement may set forth the rights and remedies of the bondholders and the trustee and restrict the individual right of action by bondholders.D. Any such trust agreement or resolution may contain such other provisions as the Authority deems reasonable and proper for the security of the bondholders.E. All expenses incurred in carrying out the provisions of such trust agreement or resolution may be treated as a part of the cost of the operation of a project.1972, c. 686, § 23-30.48; 2016, c. 588.
VA Code § 23.1-1230 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1230. Powers; issuance of refunding revenue bonds

A. The Authority may provide for the issuance of revenue bonds to (i) refund any of its outstanding revenue bonds, including the payment of any redemption premium thereon and any interest accrued or to accrue on the earliest or any subsequent date of redemption, purchase, or maturity of such revenue bonds or (ii) pay all or any part of the cost of constructing and acquiring additions, improvements, extensions, or enlargements of a project or any portion of a project.B. The Authority may (i) apply the proceeds of any revenue bonds issued to refund outstanding revenue bonds to purchase, retire at maturity, or redeem such outstanding revenue bonds either on their earliest or any subsequent redemption date, upon their purchase, or at their maturity and (ii) place the proceeds of revenue bonds issued to refund outstanding revenue bonds in escrow pending such application to be applied to such purchase, retirement, or redemption on the date that it determines.C. The Authority may invest and reinvest proceeds placed in escrow pursuant to subsection B in direct obligations of the United States, certificates of deposit, or time deposits secured by direct obligations of the United States that mature at such time as is appropriate to ensure the prompt payment of principal, interest, and any redemption premium of the outstanding revenue bonds to be so refunded, pending the purchase, retirement at maturity, or redemption of such outstanding revenue bonds. The Authority may apply interest, income, and any profits earned or realized on any such investment to pay the outstanding revenue bonds to be so refunded. After the terms of the escrow have been fully satisfied and carried out, any balance of such proceeds and any interest, income, and profits earned or realized on the investments on such proceeds may be returned to the Authority for its lawful use.D. The Authority may invest or reinvest the portion of the proceeds of any revenue bonds issued to pay all or any part of the cost of constructing and acquiring additions, improvements, extensions, or enlargements of a project in direct obligations of the United States or certificates of deposit or time deposits secured by direct obligations of the United States that mature not later than the time when such proceeds are needed to pay all or any part of such cost. The Authority may apply any interest, income, and profits earned or realized on such investment to the payment of all or any part of such cost or use such interest, income, and profits in any lawful manner.E. All refunding revenue bonds issued pursuant to this section are subject to the provisions of this article in the same manner and to the same extent as other revenue bonds issued pursuant to this article.1972, c. 686, § 23-30.54; 2016, c. 588.
VA Code § 23.1-1231 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1231. Revenue bonds not obligations of Commonwealth or political subdivision

Revenue bonds issued under the provisions of this article (i) do not constitute a debt, liability, or pledge of the faith and credit of the Commonwealth or any political subdivision of the Commonwealth and (ii) are payable solely from the funds provided from revenues as set forth in this article. Each such revenue bond shall state on its face that (a) neither the Commonwealth nor the Authority is obligated to pay such revenue bonds or the interest thereon except from revenues of the project or the portion of the project for which they are issued and (b) neither the faith and credit nor the taxing power of the Commonwealth or any political subdivision of the Commonwealth is pledged to the payment of the principal of or the interest on such bonds. The issuance of revenue bonds under the provisions of this article shall not directly, indirectly, or contingently obligate the Commonwealth or any political subdivision of the Commonwealth to levy or pledge any form of taxation for such bonds or make any appropriation for their payment.1972, c. 686, § 23-30.49; 2016, c. 588.
VA Code § 23.1-1232 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1232. Moneys received deemed trust funds

All moneys that the Authority receives pursuant to this article, whether as proceeds from the sale of bonds or as revenues, are trust funds to be held and applied solely as provided in this article. Any officer with whom, or any bank or trust company with which, such moneys are deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes of this article, the resolution authorizing the bonds of any issue, or the trust agreement securing such bonds.1972, c. 686, § 23-30.51; 2016, c. 588.
VA Code § 23.1-1233 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1233. Remedies of bondholders or holders of other obligations

Any (i) holder of revenue bonds, notes, bond anticipation notes, other notes, or other obligations of the Authority issued under the provisions of this article or any of the coupons appertaining to any such obligation and (ii) trustee under any trust agreement, except to the extent that such rights are restricted by any resolution authorizing the issuance of, or any such trust agreement securing, such bonds or other obligations, may, either at law or in equity, by suit, action, mandamus, or other proceedings, (a) protect and enforce all rights under the laws of the Commonwealth or such resolution or trust agreement and (b) enforce and compel the performance of all duties required by this article or by such resolution or trust agreement to be performed by the Authority or any officer, employee, or agent of the Authority, including the fixing, charging, and collecting of the rates, rents, fees, and charges authorized by this article and required by the provisions of such resolution or trust agreement to be fixed, charged, and collected.1972, c. 686, § 23-30.52; 2016, c. 588.
VA Code § 23.1-1234 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1234. Exemption from taxation

Neither the Authority nor its agent are required to pay any taxes or assessments upon or with respect to a project, any property acquired or used by the Authority or its agent under the provisions of this article, or the income from any such project or property. Any bonds issued under the provisions of this article, the transfer of such bonds, and the income from such bonds, including any profit made on the sale of such bonds, are exempt from taxation of any kind by the Commonwealth and the localities and other political subdivisions of the Commonwealth.1972, c. 686, § 23-30.53; 2016, c. 588.
VA Code § 23.1-1235 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1235. Bonds as legal investments

Bonds issued by the Authority under the provisions of this article are securities (i) in which all public officers and bodies of the Commonwealth and its political subdivisions, insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them and (ii) that may properly and legally be deposited with and received by any officer of the Commonwealth or any of its localities or any agency or political subdivision of the Commonwealth for any lawful purpose.1972, c. 686, § 23-30.55; 2016, c. 588.
VA Code § 23.1-1236 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1236. Nature of article

This article is supplemental and additional to powers conferred by other laws, but the issuance of revenue bonds and revenue refunding bonds under the provisions of this article need not comply with the requirements of any other law applicable to the issuance of bonds. Except as otherwise expressly provided in this article, no power granted to the Authority under the provisions of this article is subject to the supervision or regulation of or requires the approval or consent of the Commonwealth, any locality or political subdivision of the Commonwealth, or any department, division, commission, board, body, bureau, official, or agency of any such locality or political subdivision.1972, c. 686, § 23-30.56; 2016, c. 588.
VA Code § 23.1-1237 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1237. Article liberally construed

This article, being necessary for the welfare of the Commonwealth and its inhabitants, shall be liberally construed to effect the purposes of this article.1972, c. 686, § 23-30.57; 2016, c. 588.
VA Code § 23.1-1238 (2021)
2021 Code of Virginia|Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions|Chapter 12 - Virginia College Building Authority|§ 23.1-1238. Article controls inconsistent laws

To the extent that the provisions of this article are inconsistent with the provisions of any general statute or special act or parts thereof, the provisions of this article control.1972, c. 686, § 23-30.58; 1973, c. 205; 2015, c. 709; 2016, c. 588.