Borrowing money and issuing evidence of indebtedness

Va. Code Ann. § 15.2-1105
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A municipal corporation may, in the name of and for the use of the municipal corporation, borrow money and issue evidence of indebtedness therefor, subject to such limitations as may be imposed by law. Code 1950, § 15-77.7; 1958, c. 328; 1962, c. 623, § 15.1-843; 1997, c. 587.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/15.2-1105/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements