§ 21-370 Application of surplus to reduce assessment for following year
When the sum actually collected on any such assessment shall be more than sufficient to pay the principal and interest for the next succeeding year, a proper allowance for such surplus shall be made in the following assessment, and the percentage may be reduced accordingly.
History
The record of this law’s original creation isn’t available online. The oldest record of it is its appearance in the Code of Virginia of 1919, as § 1771. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1924, at page 711; in 1926, at page 620; in 1936, at page 1034.
Code 1919, § 1771; 1924, p. 711; 1926, p. 620; 1936, p. 1034.