Virginia Statutes

§ 15.2-2645 — Amount of bonds

Virginia § 15.2-2645
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IIPOWERS OF LOCAL GOVERNMENT
Ch. 26PUBLIC FINANCE ACT
Art. 5REFUNDING BONDS

This text of Virginia § 15.2-2645 (Amount of bonds) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 15.2-2645 (2026).

Text

No refunding bonds shall be issued in a principal amount exceeding that necessary to amortize the principal of and premium, if any, and interest on the bonds to be refunded and pay all expenses reasonably incurred in the issuance of the refunding bonds less the amount then in any sinking, escrow and other funds which are available for the payment of the principal, premium, if any, or interest on the bonds to be refunded.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Code 1950, § 15-666.35; 1958, c. 640; 1962, c. 623, § 15.1-194; 1977, c. 442; 1991, c. 668, § 15.1-227.47; 1997, c. 587.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Virginia § 15.2-2645, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-2645.