Va. Code § 2.2-5002

Current with changes from the 2024 legislative session through ch. 845

Section 2.2-5002 - Power to issue obligations not to be denied because interest is subject to federal income taxation

The power of any governmental instrumentality, to issue or have issued on its behalf for authorized purposes, bonds, shall not be construed to be restricted or limited solely because the interest thereon is subject, in whole or in part, directly or indirectly, to federal income taxes.

Va. Code § 2.2-5002

1986, c. 137, § 2.1-326.2:1; 2001, c. 844.

Amended by Acts 2001, c. 844.

Amended by Acts 1986, c. 137, § 2.1-326.2:1.