                                 CODE OF VIRGINIA

ADDITIONAL ASSESSMENTS TO PAY PRINCIPAL AND INTEREST ON REFUNDING BONDS (§
21-417)

If the proceeds of the assessments levied for the payment of the original bonds
shall at any time prove insufficient to pay principal of and interest on such
refunding bonds, or if it shall at any time appear to the board of viewers that
there is likelihood of the insufficiency of such assessments, the board shall
provide for the levy and collection of additional assessments sufficient for
such purpose and the holder or holders of refunding bonds issued hereunder shall
have a right of action to compel such levy in the manner provided in this
chapter.

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