Bonds
This is Article 5 of the Code of Virginia, titled “Bonds.” It is part of Title 21, titled “Drainage, Soil Conservation, Sanitation And Public Facilities Districts.” It is part of Chapter 3, titled “Sanitation Districts Law Of 1938 -- Tidal Waters.” It’s comprised of the following 15 sections.
- § 21-189
- Outstanding bonds not to exceed ten million dollars
- § 21-190
- Election prior to issuance
- § 21-191
- Other matters determined by resolution
- § 21-192
- Form and contents
- § 21-193
- How sold
- § 21-194
- Resolutions may be part of contract with bondholders
- § 21-195
- Negotiability
- § 21-196
- Liability of Commonwealth, county, city or town
- § 21-197
- No personal liability
- § 21-198
- Purchase by commission
- § 21-199
- Bonds constitute legal investments
- § 21-200
- Special remedies of bondholders
- § 21-200.1
- Bonds mutilated, lost or destroyed
- § 21-201
- Interim certificates
- § 21-202
- Inviolability of rights and remedies