Borrowing money and issuing evidence of indebtedness

  1. Law
  2. Code of Virginia
  3. Counties, Cities and Towns
  4. Powers of Cities and Towns
  5. Borrowing money and issuing evidence of indebtedness

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A municipal corporation may, in the name of and for the use of the municipal corporation, borrow money and issue evidence of indebtedness therefor, subject to such limitations as may be imposed by law.

Code 1950, § 15-77.7; 1958, c. 328; 1962, c. 623, § 15.1-843; 1997, c. 587.


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