The governing body of any locality may, in accordance with the provisions of Article VII, § 10 of the Constitution of Virginia, issue bonds for any revenue-producing undertaking.

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Code 1950, § 15-666.21; 1958, c. 640; 1962, c. 623, § 15.1-178; 1971, Ex. Sess., c. 224; 1991, c. 668, § 15.1-227.10; 1997, c. 587.