§ 33.1-324. Favorable vote renders indebtedness county obligation
If a majority of the voters voting on the question vote in favor of the assumption by the county of the road indebtedness of any district or districts of the county, such indebtedness shall become and be an obligation or obligations of the county and as binding thereon as if the same had been originally contracted by the county. In such event the governing body of the county is authorized to levy and collect taxes throughout the county for the payment of the district indebtedness so assumed, both as to principal and interest.
(Code 1950, § 33-259; 1970, c. 322.)
Sections: Previous 33.1-321 33.1-322 33.1-323 33.1-324 33.1-325 33.1-326 33.1-327 33.1-328 33.1-329 33.1-330 33.1-331 33.1-332 33.1-333 33.1-334 33.1-335 NextLast modified: April 3, 2009