                                 CODE OF VIRGINIA

SCHOOL BOARDS AUTHORIZED TO ANTICIPATE PAYMENT OF LOANS (§ 22.1-160)

Any school board which is indebted for any money borrowed from the Literary Fund
may anticipate the payment of the principal amount of any such loan or loans, or
any part thereof, by the payment of such principal amount with interest thereon
to the date of such anticipated payment and may borrow money and issue bonds for
the purpose of raising funds to pay any notes or other obligations of the school
board now and hereafter held by the Literary Fund.

HISTORY: Code 1950, § 22-115; 1980, c. 559.