Code of Virginia - Title 21 Drainage, Soil Conservation, Sanitation And Public Facilities Districts - Section 21-409 When additional bonds may be issued

§ 21-409. When additional bonds may be issued

If for any of the causes hereinbefore recited, or for any other cause, a sum of money greater than the proceeds of sale of the drainage bonds shall become necessary to complete the drainage system, and the board of viewers shall determine that the amount to be raised is greater than can be realized from the collection of one annual assessment upon the lands in the drainage project without imposing an undue burden upon the lands, or if it is advisable or necessary to raise the money more expeditiously, then and under such conditions additional bonds may be issued in such aggregate sum as may be necessary.

(Code 1919, § 1777; 1926, p. 626; 1954, c. 642.)

Sections:  Previous  21-402  21-403  21-404  21-405  21-406  21-407  21-408  21-409  21-410  21-411  21-412  21-413  21-414  21-415  21-416  Next

Last modified: April 3, 2009