CHAPTER 611

An Act to amend and reenact § 15.1-190, as amended, of the Code of
Virginia, relating to the issuance of school district bonds; referenda
for issuance; validating previous issues.

[H 886]

Approved April 4, 1968
Be it enacted by the General Assembly of Virginia:

1. That § 15.1-190, as amended, of the Code of Virginia be amended and
reenacted as follows:

§ 15.1-190. School district bonds.—(a) The governing body of any
county, acting for and on behalf of any school district, or acting for and on
behalf of two or more school districts jointly in such county, may provide
for the issuance of general obligation bonds of such school district or dis-
tricts for school purposes. The bonds shall not be issued unless a majority
of the qualified voters voting in the election in such district, or so voting
in each of such districts separately, shall approve the contracting of the
debt and the issuing of the bonds. The bonds of two or more school dis-
tricts shall be issued as joint obligations of such school districts. Any such
school district, or any such school districts jointly, shall constitute a unit.
For the purpose of this section, each magisterial district in each county
shall constitute a school district, but any such school district shall not
include a town constituting a separate school district. In any county where
an incorporated town constitutes both a school district and an entire mag-
isterial district, the remaining magisterial districts shall, upon the adop-
tion of resolutions by the governing body and the school board, constitute
a single school district which may thereafter issue general obligation
bonds for school purposes after approval by a majority of all the qualified
voters of such district voting in an election therein. The issuance of such
bonds shall be governed by the provisions of this chapter.

(b) All such bonds heretofore issued and proceedings had in connec-
tion therewith which conform to this section as amended are hereby rati-
fied, validated and confirmed and declared to be legal and as fully binding
obligations as if issued under this section as hereby amended.