Virginia § 21-198 - Purchase by commission
Full text of Virginia Code of Virginia § 21-198 — Purchase by commission, with citation guidance and answers to common questions.
§ 21-198. Purchase by commission
The commission is authorized, out of any funds available therefor, to purchase any bonds of the commission at a price not more than the redemption price thereof on the next succeeding redemption date or, if such bonds be not redeemable, the principal amount thereof, together with, in either case, interest accrued to the date of purchase.
1938, p. 521; 1942, p. 606; Michie Code 1942, § 1560oo.
Frequently Asked Questions About Virginia § 21-198
What does Code of Virginia § 21-198 cover?
Section 21-198 ("Purchase by commission") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 21-198?
A common citation format is "Code of Virginia § 21-198" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 21-198 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.