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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>348104</law_id><section_number>15.2-2649</section_number><catch_line>District refunding bonds</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="46" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="2" identifier="II">Powers of Local Government</unit><unit label="chapter" level="3" order_by="21" identifier="26">Public Finance Act</unit><unit label="article" level="4" order_by="5" identifier="5">Refunding Bonds</unit></structure><text>
						<section><p>The <span class="dictionary">governing body</span> of any <span class="dictionary">county</span>, acting for and in behalf of any road district, magisterial district, sanitary district, or school district in the <span class="dictionary">county</span>, may provide for the issuance of refunding <span class="dictionary"><span class="dictionary">bonds</span></span> of the district for the purpose of refunding any <span class="dictionary"><span class="dictionary">bonds</span></span> of the district. The issuance of the refunding <span class="dictionary"><span class="dictionary">bonds</span></span> shall be governed by the provisions of this chapter insofar as they may be applicable.</p></section></text><history>Code 1950, &#xA7; 15-666.39; 1958, c. 640; 1962, c. 623, &#xA7; 15.1-198; 1991, c. 668, &#xA7; 15.1-227.51; 1997, c. 587.</history><metadata></metadata></law>
