Code of Virginia - Title 3.1 Agriculture, Horticulture And Food - Section 3.1-60 (Repealed effective October 1, 2008) Market refunding bonds

§ 3.1-60. (Repealed effective October 1, 2008) Market refunding bonds

The authority is hereby authorized to provide for the issuance of market refunding bonds of the authority for the purpose of refunding any bonds then outstanding which shall have been issued under the provisions of this article, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and, if deemed advisable by the authority, for the purpose of constructing additions to or expansion of the market. The authority is further authorized to provide by resolution for the issuance of its bonds for the combined purpose of (a) refunding any bonds then outstanding which shall have been issued under the provisions of this article, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and (b) paying all or any part of the cost of the market or any addition thereto or expansion thereof which shall not have theretofore been financed. The issuance of such bonds, the maturities and other details with respect thereto, the rights of the holders thereof, and the rights, duties and obligations of the authority with respect to the same, shall be governed by the provisions of this article insofar as the same may be applicable.

(Code 1950, § 3-79.14; 1954, c. 407; 1966, c. 702.)

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Last modified: April 2, 2009