CODE OF VIRGINIA

(REPEALED EFFECTIVE OCTOBER 1, 2016) INTEREST (§ 23-30.03)

No bond issued by institutions pursuant to this chapter (a) shall bear interest
at a per centum per annum rate exceeding the greater of the rates authorized
under § 6.2-303 or under § 15.2-2612, or (b) shall be sold at public or
private sale such that the interest cost to maturity shall exceed the greater of
such per centum per annum rates as is authorized under § 6.2-303 or under §
15.2-2612.

HISTORY: 1970, c. 609.