Va. Code § 21-397

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

Section 21-397 - Interest and maturity of bonds

The bonds shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of issue.

Va. Code § 21-397

Code 1919, § 1774; 1920, p. 612; 1926, p. 623.

Amended by Acts 1926, § p. 623.

Amended by Acts 1920, § p. 612.