Va. Code § 15.2-2646

Current with changes from the 2024 legislative session through ch. 845

Section 15.2-2646 - Participation in funds donated by the Commonwealth

The issuance of refunding bonds for the retirement of bonds which are now or may hereafter be entitled to participate in funds donated by the Commonwealth, or funds receivable from any source other than local taxes levied for such purposes, shall not be construed to deprive the bonds of the right to continue to participate in the distribution of those funds, and the refunding bonds after their issuance shall enjoy all rights as would have been enjoyed by the bonds refunded.

Code 1950, § 15-666.36; 1958, c. 640; 1962, c. 623, § 15.1-195; 1991, c. 668, § 15.1-227.48; 1997, c. 587.

Amended by Acts 1997, c. 587.

Amended by Acts 1991, c. 668, § 15.1-227.48.

Amended by Acts 1962, c. 623, § 15.1-195.

Amended by Acts 1958, c. 640.