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Current as of January 01, 2025 | Updated by FindLaw Staff
In each year commencing with the maturity of the bonds, the tax levied shall be 110 per centum of the maturing principal and interest on the bonds, in this manner providing for the payment of maturing principal and interest on the bonds one year in advance.
Cite this article: FindLaw.com - Virginia Code Title 21. Drainage, Soil Conservation, Sanitation and Public Facilities Districts § 21-369. Amount of tax levied - last updated January 01, 2025 | https://codes.findlaw.com/va/title-21-drainage-soil-conservation-sanitation-and-public-facilities-districts/va-code-sect-21-369/
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