Borrowing by School Boards From Virginia Retirement System

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This is Chapter 10.1 of the Code of Virginia, titled “Borrowing by School Boards From Virginia Retirement System.” It is part of Title 22.1 “Education”.

It’s comprised of the following 8 sections.

§ 22.1-161.1	Borrowing for capital projects for school purposes authorized
§ 22.1-161.2	Resolution by school board; approval or rejection by governing body; indebtedness evidenced by bonds
§ 22.1-161.3	Issuance of bonds; procedure; form and requirements
§ 22.1-161.4	Disposition of proceeds from sale of bonds; separate fund
§ 22.1-161.5	Investment of proceeds pending application to authorized purpose
§ 22.1-161.6	Repealed
§ 22.1-161.7	Tax to pay principal and interest on bonds
§ 22.1-161.8	Bonds deemed negotiable instruments; sale of bonds by Trustees of Retirement System; bonds made legal investments