Virginia Regulatory Town Hall
Department of Education
Guidance Document Information
Title Use of Literary Fund Proceeds
Document ID Finance & Operations
Summary There are certain requirements that must be met in order for a Literary Loan Note to be tax exempt. The purpose of the guideline is to summarize some of those requirements so that local school divisions may take the action necessary to preserve the tax exemption of the Loan Note.
Effective Date 6/29/2007
pdf View document text     Posted On 12/30/2021                 Document on Town Hall

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