Borrowing By School Boards From Virginia Retirement System
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, titled “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- Repealed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