Virginia Statutes
§ 22.1-149 — Additional funds for loans
Virginia § 22.1-149
This text of Virginia § 22.1-149 (Additional funds for loans) 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. § 22.1-149 (2026).
Text
When loans have been approved by the Board from time to time in such amounts that no sufficient balance is left in the Literary Fund from which to make additional loans, the Board is authorized to sell the bonds, notes or other evidences of debt of the school boards for which such loans are approved for investment of the trust funds of the Virginia Retirement System in such amount as may be approved by the Board of Trustees of the Virginia Retirement System in accordance with the provisions of § 51.1-124.30, in order to make such additional loans.
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Legislative History
Code 1950, § 22-112; 1954, c. 476; 1958, c. 162; 1980, c. 559.
Nearby Sections
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§ 22.1-10
President§ 22.1-101
Repealed§ 22.1-103
Uniform county levy in lieu of district levies; request by school board; petition for referendum§ 22.1-104
Same; order for referendum; notice§ 22.1-108
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Federal funds apportioned to school divisions containing lands leased for flood control purposes§ 22.1-11
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Bluebook (online)
Virginia § 22.1-149, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/22.1/22.1-149.