{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/23.1-1120.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/23.1-1120.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/23.1-1120.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/23.1-1120.html"}],"law_id":355093,"edition_id":2,"section_id":355093,"structure_id":50793,"section_number":"23.1-1120","catch_line":"Exchange and cancellation of consol coupon bonds of the Commonwealth","history":"Code 1919, \u00a7\u00a7 991, 992, \u00a7 23-6; 2016, c. 588.","full_text":"The following sections of the Code of Virginia of 1919 are continued in effect:\n\n1\n\nSection 991, relating to the exchange of consol coupon bonds held by colleges, etc., for funded registered consol bonds; and\n\n2\n\nSection 992, relating to the cancellation of such bonds surrendered in exchange.\n\n","order_by":null,"text":{"0":{"id":1322279,"text":"The following sections of the Code of Virginia of 1919 are continued in effect:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1322280,"text":"Section 991, relating to the exchange of consol coupon bonds held by colleges, etc., for funded registered consol bonds; and","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1322281,"text":"Section 992, relating to the cancellation of such bonds surrendered in exchange.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1"}},"ancestry":[{"id":50793,"edition_id":2,"name":"Bonds and Other Obligations","identifier":"11","label":"chapter","depth":3,"order_by":2,"parent_id":50786,"metadata":{"child_laws":23,"child_structures":0},"date_created":"2026-08-02 02:33:23","date_modified":"2026-08-02 12:31:18","permalink":{"id":1412643,"object_type":"structure","relational_id":50793,"identifier":"11","token":"23.1\/III\/11","url":"\/23.1\/III\/11\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50786,"edition_id":2,"name":"Management and Financing","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":50782,"metadata":{"child_laws":97,"child_structures":11},"date_created":"2026-08-02 02:33:18","date_modified":"2026-08-02 12:31:17","permalink":{"id":1412515,"object_type":"structure","relational_id":50786,"identifier":"III","token":"23.1\/III","url":"\/23.1\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":50782,"edition_id":2,"name":"Institutions of Higher Education; Other Educational and Cultural Institutions","identifier":"23.1","label":"title","depth":1,"order_by":62,"parent_id":null,"metadata":{"child_laws":594,"child_structures":95},"date_created":"2026-08-02 02:33:18","date_modified":"2026-08-02 12:31:13","permalink":{"id":1411583,"object_type":"structure","relational_id":50782,"identifier":"23.1","token":"23.1","url":"\/23.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":355073,"structure_id":50793,"section_number":"23.1-1100","catch_line":"Definitions","url":"\/23.1-1100\/","token":"23.1\/III\/11\/23.1-1100","metadata":false},{"id":355074,"structure_id":50793,"section_number":"23.1-1101","catch_line":"Powers of institutions vested in majority of members of board; quorum","url":"\/23.1-1101\/","token":"23.1\/III\/11\/23.1-1101","metadata":false},{"id":355075,"structure_id":50793,"section_number":"23.1-1102","catch_line":"Purpose of institutions","url":"\/23.1-1102\/","token":"23.1\/III\/11\/23.1-1102","metadata":false},{"id":355076,"structure_id":50793,"section_number":"23.1-1103","catch_line":"Institutions; powers generally","url":"\/23.1-1103\/","token":"23.1\/III\/11\/23.1-1103","metadata":false},{"id":355077,"structure_id":50793,"section_number":"23.1-1104","catch_line":"Institutions; powers; projects and bonds","url":"\/23.1-1104\/","token":"23.1\/III\/11\/23.1-1104","metadata":false},{"id":355078,"structure_id":50793,"section_number":"23.1-1105","catch_line":"Institutions; powers; borrowing upon endowment and other investments","url":"\/23.1-1105\/","token":"23.1\/III\/11\/23.1-1105","metadata":false},{"id":355079,"structure_id":50793,"section_number":"23.1-1106","catch_line":"Bonds generally","url":"\/23.1-1106\/","token":"23.1\/III\/11\/23.1-1106","metadata":false},{"id":355080,"structure_id":50793,"section_number":"23.1-1107","catch_line":"Bondholders; remedies and trustees","url":"\/23.1-1107\/","token":"23.1\/III\/11\/23.1-1107","metadata":false},{"id":355081,"structure_id":50793,"section_number":"23.1-1108","catch_line":"Bonds mutilated, lost, or destroyed","url":"\/23.1-1108\/","token":"23.1\/III\/11\/23.1-1108","metadata":false},{"id":355082,"structure_id":50793,"section_number":"23.1-1109","catch_line":"Bonds and revenues; disposition","url":"\/23.1-1109\/","token":"23.1\/III\/11\/23.1-1109","metadata":false},{"id":355083,"structure_id":50793,"section_number":"23.1-1110","catch_line":"Bonds as legal investments","url":"\/23.1-1110\/","token":"23.1\/III\/11\/23.1-1110","metadata":false},{"id":355084,"structure_id":50793,"section_number":"23.1-1111","catch_line":"Bonds; prohibition against obligating Commonwealth","url":"\/23.1-1111\/","token":"23.1\/III\/11\/23.1-1111","metadata":false},{"id":355085,"structure_id":50793,"section_number":"23.1-1112","catch_line":"Bonds; interest","url":"\/23.1-1112\/","token":"23.1\/III\/11\/23.1-1112","metadata":false},{"id":355086,"structure_id":50793,"section_number":"23.1-1113","catch_line":"Bonds; surplus to be paid into state treasury","url":"\/23.1-1113\/","token":"23.1\/III\/11\/23.1-1113","metadata":false},{"id":355087,"structure_id":50793,"section_number":"23.1-1114","catch_line":"Projects; accounts to be kept by boards","url":"\/23.1-1114\/","token":"23.1\/III\/11\/23.1-1114","metadata":false},{"id":355088,"structure_id":50793,"section_number":"23.1-1115","catch_line":"Projects; exemption from taxation","url":"\/23.1-1115\/","token":"23.1\/III\/11\/23.1-1115","metadata":false},{"id":355089,"structure_id":50793,"section_number":"23.1-1116","catch_line":"Commonwealth not to limit revenues of institutions","url":"\/23.1-1116\/","token":"23.1\/III\/11\/23.1-1116","metadata":false},{"id":355090,"structure_id":50793,"section_number":"23.1-1117","catch_line":"Borrowing to purchase real estate","url":"\/23.1-1117\/","token":"23.1\/III\/11\/23.1-1117","metadata":false},{"id":355091,"structure_id":50793,"section_number":"23.1-1118","catch_line":"Discretion of Governor in granting or withholding consent or approval","url":"\/23.1-1118\/","token":"23.1\/III\/11\/23.1-1118","metadata":false},{"id":355092,"structure_id":50793,"section_number":"23.1-1119","catch_line":"Payment of interest on bonds of the Commonwealth held by public institutions of higher education and private institutions of higher education","url":"\/23.1-1119\/","token":"23.1\/III\/11\/23.1-1119","metadata":false},{"id":355093,"structure_id":50793,"section_number":"23.1-1120","catch_line":"Exchange and cancellation of consol coupon bonds of the Commonwealth","url":"\/23.1-1120\/","token":"23.1\/III\/11\/23.1-1120","metadata":false},{"id":355094,"structure_id":50793,"section_number":"23.1-1121","catch_line":"Certificates of indebtedness","url":"\/23.1-1121\/","token":"23.1\/III\/11\/23.1-1121","metadata":false},{"id":355095,"structure_id":50793,"section_number":"23.1-1122","catch_line":"Provisions of chapter to control","url":"\/23.1-1122\/","token":"23.1\/III\/11\/23.1-1122","metadata":false}],"previous_section":{"id":355092,"structure_id":50793,"section_number":"23.1-1119","catch_line":"Payment of interest on bonds of the Commonwealth held by public institutions of higher education and private institutions of higher education","url":"\/23.1-1119\/","token":"23.1\/III\/11\/23.1-1119","metadata":false},"next_section":{"id":355094,"structure_id":50793,"section_number":"23.1-1121","catch_line":"Certificates of indebtedness","url":"\/23.1-1121\/","token":"23.1\/III\/11\/23.1-1121","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-1120\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2016, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?161+ful+CHAP0588\">588<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1412725,"object_type":"law","relational_id":355093,"identifier":"23.1-1120","token":"23.1\/III\/11\/23.1-1120","url":"\/23.1-1120\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/23.1-1120\/","token":"23.1\/III\/11\/23.1-1120","dublin_core":{"Title":"Exchange and cancellation of consol coupon bonds of the Commonwealth","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-1120","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The following sections of the Code of Virginia of 1919 are continued in effect:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> Section 991, relating to the exchange of consol coupon <span class=\"dictionary\">bonds<\/span> held by colleges, etc., for funded registered consol <span class=\"dictionary\">bonds<\/span>; and <a id=\"paragraph-1322280\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/23.1-1120\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> Section 992, relating to the cancellation of such <span class=\"dictionary\">bonds<\/span> surrendered in exchange. <a id=\"paragraph-1322281\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/23.1-1120\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXCHANGE AND CANCELLATION OF CONSOL COUPON BONDS OF THE COMMONWEALTH (\u00a7\n23.1-1120)\n\nThe following sections of the Code of Virginia of 1919 are continued in effect:\n\n1. Section 991, relating to the exchange of consol coupon bonds held by\ncolleges, etc., for funded registered consol bonds; and\n\n2. Section 992, relating to the cancellation of such bonds surrendered in\nexchange.\n\nHISTORY: Code 1919, \u00a7\u00a7 991, 992, \u00a7 23-6; 2016, c. 588.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}