Virginia Code 15.2-2662: Validation of bonds.
Current as of: 2024 | Check for updates
|
Other versions
All proceedings taken before July 1, 1991, for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any locality are validated, ratified, approved and confirmed, and any bonds so issued are valid, legal, binding and enforceable obligations of the locality.
Terms Used In Virginia Code 15.2-2662
- Locality: means a county, city, or town as the context may require. See Virginia Code 1-221
All proceedings taken before July 1, 1992, for or with respect to the authorization, issuance, sale, execution or delivery of bonds by or on behalf of any locality are validated, ratified, approved and confirmed, and any bonds so issued, are valid, legal, binding and enforceable obligations of the locality.
1991, c. 668, § 15.1-227.64; 1994, c. 714; 1997, c. 587.