Code · Virginia · Title 21 — Drainage, Soil Conservation, Sanitation and Public Facilities Districts · Chapter 6

Code of Virginia § 21-397. Interest and maturity of bonds.

50 words·~1 min read·/va/title-21/chapter-6/21-397

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The bonds shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of issue.

Code 1919, § 1774; 1920, p. 612; 1926, p. 623.