Code of Virginia - Title 22.1 Education - Chapter 10.1 Borrowing By School Boards From Virginia Retirement System

22.1-161.1 Borrowing for capital projects for school purposes authorized
In conformity with Article VII, Section 10 of the Constitution of Virginia, any school board is hereby authorized to contract to borrow money from the ...
22.1-161.2 Resolution by school board; approval or rejection by governing body; indebtedness evidenced by bond...
Whenever a school board desires to contract with the Board of Trustees of the Virginia Retirement System to borrow money for capital projects for school ...
22.1-161.3 Issuance of bonds; procedure; form and requirements
Such bonds shall be issued by the school board in the name of the county, city or town. For the payment of the principal of ...
22.1-161.4 Disposition of proceeds from sale of bonds; separate fund
All proceeds received from the sale of the bonds issued under the provisions of this chapter shall be paid to the treasurer or chief financial ...
22.1-161.5 Investment of proceeds pending application to authorized purpose
Pending the application of the proceeds of any bonds issued under the provisions of this chapter to the purpose for which such bonds have been ...
22.1-161.6 Description unavailable
Repealed by Acts 1996, cc. 105 and 819. ...
22.1-161.7 Tax to pay principal and interest on bonds
For the payment of the principal of and the interest on any bonds issued under the provisions of this chapter, the governing body of the ...
22.1-161.8 Bonds deemed negotiable instruments; sale of bonds by Trustees of Retirement System; bonds made leg...
Bonds issued under the provisions of this chapter and purchased by the Board of Trustees of the Virginia Retirement System shall be deemed negotiable instruments ...

Last modified: April 3, 2009