                                 CODE OF VIRGINIA

WHEN REFUNDING BONDS MAY BE ISSUED (§ 21-412)

When any drainage project operating under the provisions of this chapter shall
have bonds outstanding, either due or to become due, and when it shall seem to
the board of viewers having jurisdiction over such drainage project that it is
to the best interest of such drainage project to refund such outstanding bonds
in whole or in part, such board of viewers is hereby authorized to refund all or
part of such outstanding bonds by the issuance of the negotiable refunding bonds
of such project.

HISTORY: 1934, p. 4; Michie Code 1942, § 1777a; 1954, c. 642.