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VIRGINIA STATUTES AND CODES

23-28 - Surplus to be paid into state treasury.

§ 23-28. Surplus to be paid into state treasury.

When any institution shall have fully met and discharged its bonds, togetherwith interest thereon, with interest on any unpaid installments of interest,and all costs and expenses in connection with any action or proceedings by oron behalf of the holders of such bonds and shall have paid in full orotherwise discharged all its liabilities incurred pursuant to this chapter,such institution shall pay into the state treasury as now required by generallaw all such sum or sums of money received by it pursuant to the provisionsof this chapter or derived from any project erected pursuant to this chapteras may then remain in its possession or control.

(1933, p. 91.)

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