Provision may be made in the proceedings authorizing refunding revenue bonds for the purchase of the refunded revenue bonds in the open market or pursuant to tenders made from time to time when there is available in the escrow or sinking fund for the payment of the refunded revenue bonds a surplus in an amount or amounts to be fixed in such proceedings.
Va. Code Ann. § 15.2-5143
Purchase in open market or otherwise
Known as the Virginia Water and Waste Authorities Act
The act spans §§ 15.2-5100 to 15.2-5159 (62 sections).
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.