Virginia Statutes

§ 21-414 — Sale or exchange of refunding bonds

Virginia·Title 21 DRAINAGE, SOIL CONSERVATION, SANITATION AND PUBLIC FACILITIES DISTRICTS·Ch. 6 DRAINAGE PROJECTS
The board of viewers may provide for the exchange of the refunding bonds for a like or greater par amount of the bonds to be refunded, or may provide for the sale of such refunding bonds and the application of the proceeds of the sale thereof to the retirement of the bonds to be refunded.

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Legislative History

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

Nearby Sections

15
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