Secured obligations

Va. Code Ann. § 23.1-2205
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
It shall be unlawful for the board to issue its obligations to be secured by deed of trust on its real estate without the prior consent of the General Assembly. Code 1919, § 821, § 23-65; 2016, c. 588 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/23.1-2205/Fetched: 10/16/2026