Proceeds held

Code of Virginia

Section: 15.2-6210

Jurisdiction: VA

Bluebook Citation: Va. Code § 15.2-6210

The secretary-treasurer may invest and reinvest funds of the Authority pending their need. All moneys received by the Authority pursuant to § 15.2-6208 , together with any matching funds received from state or federal sources, shall be applied and used only in the county or town from which the funds were received, unless the governing body of the county or town consents to their use in another county, city, or town. 1993, c. 982, § 15.1-1671; 1997, c. 587; 2006, c. 861 .

Chat with this statute using AI

Ask CiteLaw's AI Navigator anything about this statute, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.