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the Code of Virginia
2011 Code of Virginia
Title 21 DRAINAGE, SOIL CONSERVATION, SANITATION AND PUBLIC FACILITIES DISTRICTS.
Chapter 6 Drainage Projects (21-292 thru 21-426)
21-397 Interest and maturity of bonds
Universal Citation:
VA Code § 21-397 (2001 through Reg Session)
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21-397. Interest and maturity of bonds.
The bonds shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of issue.
(Code 1919, 1774; 1920, p. 612; 1926, p. 623.)
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