Virginia § 15.2-5376 - Issuance of bonds by participating localities and validation thereof

Full text of Virginia Code of Virginia § 15.2-5376 — Issuance of bonds by participating localities and validation thereof, with citation guidance and answers to common questions.

§ 15.2-5376. Issuance of bonds by participating localities and validation thereof

Any participating locality may issue its general obligation bonds in the manner provided in the Public Finance Act (§ 15.2-2600 et seq.) in furtherance of the establishment, construction, or enlargement of a hospital or health center. The industrial development authority of any participating locality may issue its bonds in the manner provided in the Industrial Development and Revenue Bond Act (§ 15.2-4900 et seq.) in furtherance of the establishment, construction, enlargement, or operation of a nonprofit or not-for-profit hospital or health center with the concurrence of the governing body of the participating locality.

2007, c. 676; 2013, c. 660.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 15.2-5376

What does Code of Virginia § 15.2-5376 cover?

Section 15.2-5376 ("Issuance of bonds by participating localities and validation thereof") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 15.2-5376?

A common citation format is "Code of Virginia § 15.2-5376" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 15.2-5376 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.