Chapter 10.1 Borrowing by School Boards From Virginia Retirement System

This chapter is comprised of the following sections:
  • §22.1-161.1 Borrowing for capital projects for school purposes authorized
  • §22.1-161.2 Resolution by school board; approval or rejection by governing body; indebtedness evidenced by bonds
  • §22.1-161.3 Issuance of bonds; procedure; form and requirements
  • §22.1-161.4 Disposition of proceeds from sale of bonds; separate fund
  • §22.1-161.5 Investment of proceeds pending application to authorized purpose
  • §22.1-161.6 Repealed
  • §22.1-161.7 Tax to pay principal and interest on bonds
  • §22.1-161.8 Bonds deemed negotiable instruments; sale of bonds by Trustees of Retirement System; bonds made legal investments