15.2-2647 - Expenses of authorization and issuance; agent to assist in refunding transaction. - Virginia Statutes

§ 15.2-2647. Expenses of authorization and issuance; agent to assist inrefunding transaction.

The governing body may authorize the payment by any locality of all expensesreasonably incurred by it in connection with the authorization and issuanceof refunding bonds. The governing body may appoint or retain an agent for thepurpose of assisting it in the refunding transaction and in obtaining thesurrender of its outstanding bonds and may pay a fee to the agent as it mayconsider proper.

(Code 1950, § 15-666.37; 1958, c. 640; 1962, c. 623, § 15.1-196; 1991, c.668, § 15.1-227.49; 1997, c. 587.)