Virginia Statutes

§ 21-411 — Amount, interest and maturity of additional bonds

Virginia § 21-411
JurisdictionVirginia
Title 21DRAINAGE, SOIL CONSERVATION, SANITATION AND PUBLIC FACILITIES DISTRICTS
Ch. 6DRAINAGE PROJECTS

This text of Virginia § 21-411 (Amount, interest and maturity of additional 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. § 21-411 (2026).

Text

The additional bonds issued shall not exceed twenty-five per centum of the total amount originally issued, and shall bear not more than six per centum interest per annum, and may be made payable in ten annual installments, or lesser number of annual installments as nearly equal as may be, as recommended by the board of viewers having jurisdiction over the same.

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Legislative History

Code 1919, § 1777; 1926, p. 627; 1954, c. 642.

Nearby Sections

15
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Bluebook (online)
Virginia § 21-411, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/21/21-411.