§ 22.1-124. Officers may not purchase warrants for less than face value
It shall be unlawful for any county, municipal or state officer to acquire by purchase, directly or indirectly, at less than its face value any warrant or other evidence of indebtedness issued for any school purpose whatsoever by the governing body of any county, city or town or by any school board. Any violation of the provisions of this section shall be a Class 3 misdemeanor. Upon the conviction of any such officer of a violation of this section, his office shall be deemed vacant.
(Code 1950, § 22-212; 1980, c. 559.)
Sections: Previous 22.1-112 22.1-113 22.1-114 22.1-115 22.1-116 22.1-116.1 22.1-117 22.1-118 22.1-119 22.1-120 22.1-121 22.1-122 22.1-122.1 22.1-123 22.1-124Last modified: April 3, 2009