§ 10.1-633. Power to incur debts and accept gifts, etc.; watershed improvement district to have same powers as ...
A watershed improvement district shall have power, as set forth in this article, to incur debts and repay them over the period of time and at the rate or rates of interest, not exceeding eight percent, that the lender agrees to. Any watershed improvement district may accept, receive and expend gifts, grants or loans from whatever source received. In addition, they shall have the same powers, to the extent necessary, within the watershed improvement district that the soil and water conservation district or districts in which the same is located exercise or may possess.
(1956, c. 668, § 21-112.20; 1964, c. 512; 1977, c. 40; 1988, c. 891.)
Sections: Previous 10.1-626 10.1-627 10.1-628 10.1-629 10.1-630 10.1-631 10.1-632 10.1-633 10.1-634 10.1-634.1 10.1-635 10.1-636 10.1-637 10.1-638 10.1-639 NextLast modified: April 2, 2009