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

Code of Virginia § 21-413. Maturity, interest and registration of refunding bonds.

75 words·~1 min read·/va/title-21/chapter-6/21-413

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

The refunding bonds so authorized shall mature at one time or in installments, not more than forty years from their date, shall bear interest at not to exceed six percent per annum, may be made callable on any interest payment date and may be made registerable as to principal, all as provided in the resolution of the board of viewers authorizing the issuance thereof.

1934, p. 4; Michie Code 1942, § 1777a; 1954, c. 642.