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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>353927</law_id><section_number>21-193</section_number><catch_line>How sold</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="58" identifier="21">Drainage, Soil Conservation, Sanitation and Public Facilities Districts</unit><unit label="chapter" level="2" order_by="3" identifier="3">Sanitation Districts Law of 1938 -- Tidal Waters</unit><unit label="article" level="3" order_by="5" identifier="5">Bonds</unit></structure><text>
						<section><p>Such <span class="dictionary">bonds</span> may be sold at public or private sale for such price or prices as the commission shall determine, provided the interest cost to maturity of the money received from any such <span class="dictionary">bonds</span> simultaneously sold shall not exceed an average of six per centum per annum.</p></section></text><history>1938, p. 519; 1942, p. 605; Michie Code 1942, &#xA7; 1560oo.</history><metadata></metadata></law>
