In the City of Danville no money shall be borrowed, no bonds issued and no indebtedness incurred under this chapter except in accordance with the terms of its charter.
Va. Code Ann. § 15.2-2637
Danville to incur indebtedness only in accordance with charter
Known as the Public Finance Act
The act spans §§ 15.2-2600–15.2-2663 (64 sections).
Code 1950, § 15-666.24; 1958, c. 640; 1962, c. 623, § 15.1-181; 1970, c. 209; 1991, c. 668, § 15.1-227.38; 1997, c. 587.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.