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15.2-1912 - Time for sale of bonds or payment fixed by court.

§ 15.2-1912. Time for sale of bonds or payment fixed by court.

When such report is finally confirmed or when such defendant or defendantshave filed in such proceedings the statement or statements as provided by §15.2-1910, the court shall, upon motion of any party to the proceedings,after notice to all other parties thereto, fix a reasonable time within whichthe city or county must complete the issuance and sale of its bonds, if thesale of bonds is necessary, or pay the money to the party or parties entitledthereto, or pay the same into the court. Such time so fixed may be extendedby the court for good cause shown.

(1938, p. 49; Michie Code 1942, § 4387a; Code 1950, § 25-51; 2003, c. 940.)

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