<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>354136</law_id><section_number>21-397</section_number><catch_line>Interest and maturity of 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="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>The <span class="dictionary">bonds</span> shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of <span class="dictionary">issue</span>.</p></section></text><history>Code 1919, &#xA7; 1774; 1920, p. 612; 1926, p. 623.</history><metadata></metadata></law>
