77367421-134Virginia Decodedhttps://vacode.org2016Drainage, Soil Conservation, Sanitation And Public Facilities DistrictsSanitary DistrictsBonds Of Sanitary DistrictsDeposit of proceeds1946, p. 182; Michie Suppl. 1946, § 1560z6.Sweet v. Ritter Finance Company66-C-13-R263 F. Supp. 5401967-01-30https://www.courtlistener.com/opinion/1628044/sweet-v-ritter-finance-company/ . . . made. Friendly Finance Co. v. Stower, 109 Ga.App. 21, 134 S.E.2d 837 (1964). See also United States . . . District Court, W.D. VirginiaWilliam v. City of Newport NewsRecord No. 891570397 S.E.2d 8131990-11-09https://www.courtlistener.com/opinion/1262510/william-v-city-of-newport-news/ . . . self-insured motor vehicle, Yellow Cab, 204 Va. at 820-21, 134 S.E.2d at 312, or to those whose . . . <abbr title="Supreme Court of Virginia">SCV</abbr>Ingles v. DivelyRecord No. 921705435 S.E.2d 6411993-09-17https://www.courtlistener.com/opinion/1225104/ingles-v-dively/ . . . La.App.1988); and Wannamaker v. Traywick, 136 S.C. 21, 134 S.E. 234, 237-38 (1926). Accordingly, the . . . <abbr title="Supreme Court of Virginia">SCV</abbr>http://law.lis.virginia.gov/vacode/21-134//21-134/21/2/2/21-134The governing body may direct the treasurer to deposit the proceeds of the bond issue in such bank or banks as it may approve, to the credit of such treasurer, to be paid out on his checks therefor, and at the rate of interest to be specified, and all interest accrued therefrom shall be accounted for by the treasurer, and shall be expended for the purposes for which the bonds were issued, and insofar as not necessary therefor, shall be paid into the sinking fund to redeem the principal thereof at maturity.section1