Code of Virginia - Title 21 Drainage, Soil Conservation, Sanitation And Public Facilities Districts - Section 21-397 Interest and maturity of bonds

§ 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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Last modified: April 3, 2009