21-388 - Duty of treasurer to make payments of interest and principal of bonds. - Virginia Statutes

§ 21-388. Duty of treasurer to make payments of interest and principal ofbonds.

It shall be the duty of the treasurer of the county in which the land islocated and without any previous order from the board of viewers, out of theamount received by him as aforesaid, to provide and pay the installment ofinterest at the time and place as evidenced by the coupons attached to thebonds, and also to pay the annual installments of the principal due on thebonds at the time and place as evidenced by the bonds; namely, so far as theyaffect and are liens by virtue of this chapter, upon the lands in his county,and any county treasurer shall be guilty of a misdemeanor, if he shallwillfully fail to make prompt payments of the interest and principal uponsuch bonds, and shall likewise be liable in a civil action for all damageswhich may accrue either to the board of viewers or the holder of the bonds,to either or both of which a right of action is hereby given.

(Code 1919, § 1771; 1920, p. 612; 1924, p. 712; 1926, p. 622; 1936, p. 1037;1954, c. 642.)