Virginia Statutes
§ 23.1-1112 — Bonds; interest
Virginia § 23.1-1112
JurisdictionVirginia
Title 23.1INSTITUTIONS OF HIGHER EDUCATION; OTHER EDUCATIONAL AND CULTURAL INSTITUTIONS
Subtitle IIIMANAGEMENT AND FINANCING
Ch. 11BONDS AND OTHER OBLIGATIONS
This text of Virginia § 23.1-1112 (Bonds; interest) 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. § 23.1-1112 (2026).
Text
No bond issued by an institution pursuant to this chapter shall (i) bear interest at an annual percentage rate exceeding the greater of the rates authorized under § 6.2-303 or 15.2-2612 or (ii) be sold at public or private sale such that the interest cost to maturity exceeds the greater of such annual percentage rates authorized under § 6.2-303 or 15.2-2612.
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Legislative History
1970, c. 609, § 23-30.03; 2016, c. 588.
Nearby Sections
15
§ 23.1-100
Definitions§ 23.1-1000
Definitions§ 23.1-1001
Financial and administrative management standards for public institutions of higher education§ 23.1-1003
Memoranda of understanding§ 23.1-1005
Approval of a management agreement§ 23.1-1006
Management agreement; contents and scope§ 23.1-1007
Management agreement; duration and oversightCite This Page — Counsel Stack
Bluebook (online)
Virginia § 23.1-1112, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/23.1/23.1-1112.