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2018 Code of Virginia
Title 21 - Drainage, Soil Conservation, Sanitation and Public Facilities Districts
Chapter 6 - Drainage Projects
§ 21-397. Interest and maturity of bonds
Universal Citation: VA Code § 21-397 (2018)
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, ยง 1774; 1920, p. 612; 1926, p. 623.
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