Virginia § 21-129 - Agents for sale of bonds
Full text of Virginia Code of Virginia § 21-129 — Agents for sale of bonds, with citation guidance and answers to common questions.
§ 21-129. Agents for sale of bonds
The governing body shall have power to appoint an agent or agents to sell the bonds and to pay such agent or agents a commission for negotiating the sale not exceeding three per centum of the amount of bonds sold by them, provided the bonds shall be sold to be paid for in lawful money only, and shall not be sold at less than their par value. When such a sale has been negotiated, the governing body shall issue the bonds.
1946, p. 182; Michie Suppl. 1946, § 1560z6.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 21-129
What does Code of Virginia § 21-129 cover?
Section 21-129 ("Agents for sale of bonds") 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 § 21-129?
A common citation format is "Code of Virginia § 21-129" (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 § 21-129 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.