§ 15.2-727. Payment of certain assessments
The board may provide that the persons, firms or corporations against whom assessments have finally been made under Article 2 (§ 15.2-2404 et seq.) of Chapter 23 of this title may pay such assessments in equal installments over a period not exceeding ten years together with interest at a rate not to exceed ten percent per year on the unpaid balance. Such installments may become due at the same time that real estate taxes become due and payable and the amount of each installment, including principal and interest, shall be shown on the tax ticket mailed to each such person, firm or corporation by the treasurer.
(1983, c. 364, § 15.1-687.5; 1997, c. 587.)
Sections: Previous 15.2-720.1 15.2-721 15.2-722 15.2-723 15.2-724 15.2-725 15.2-726 15.2-727 15.2-728 15.2-729 15.2-730 15.2-731 15.2-732 15.2-733 15.2-734 NextLast modified: April 16, 2009