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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>354108</law_id><section_number>21-369</section_number><catch_line>Amount of tax levied</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="6" identifier="6">Drainage Projects</unit></structure><text>
						<section><p>In each year commencing with the maturity of the <span class="dictionary">bonds</span>, the tax levied shall be 110 per centum of the maturing principal and interest on the <span class="dictionary">bonds</span>, in this manner providing for the payment of maturing principal and interest on the <span class="dictionary">bonds</span> one year in advance.</p></section></text><history>Code 1919, &#xA7; 1771; 1920, p. 611; 1924, p. 711; 1926, p. 620; 1936, p. 1034.</history><metadata></metadata></law>
