Interest and maturity of bonds

Va. Code Ann. § 21-397
in effect
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The bonds shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of issue. Code 1919, § 1774; 1920, p. 612; 1926, p. 623.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/21-397/Fetched: 10/16/2026

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