Va. Code § 21-417

Current with changes from the 2024 legislative session through ch. 845
Section 21-417 - Additional assessments to pay principal and interest on refunding bonds

If the proceeds of the assessments levied for the payment of the original bonds shall at any time prove insufficient to pay principal of and interest on such refunding bonds, or if it shall at any time appear to the board of viewers that there is likelihood of the insufficiency of such assessments, the board shall provide for the levy and collection of additional assessments sufficient for such purpose and the holder or holders of refunding bonds issued hereunder shall have a right of action to compel such levy in the manner provided in this chapter.

Va. Code § 21-417

1934, p. 4; Michie Code 1942, § 1777a; 1954, c. 642.
Amended by Acts 1954, § c. 642.
Amended by Acts 1934, § p. 4.