Virginia Decodedhttps://vacode.org35415421-414Sale or exchange of refunding bonds2026Drainage, Soil Conservation, Sanitation and Public Facilities DistrictsDrainage Projects

The board of viewers may provide for the exchange of the refunding bonds for a like or greater par amount of the bonds to be refunded, or may provide for the sale of such refunding bonds and the application of the proceeds of the sale thereof to the retirement of the bonds to be refunded.

1934, p. 4; Michie Code 1942, § 1777a; 1954, c. 642.