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Va. Code Ann. § 21-397

Interest and maturity of bonds

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

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

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.