21-397 - Interest and maturity of bonds. - Virginia Statutes

§ 21-397. Interest and maturity of bonds.

The bonds shall bear not more than six per centum interest per annum payablesemiannually, and shall be paid within thirty years, the first installment ofprincipal shall mature at the expiration of three years from the date ofissue.

(Code 1919, § 1774; 1920, p. 612; 1926, p. 623.)