Code of Virginia - Title 10.1 Conservation - Section 10.1-1613 Bonds made securities for investment and deposit

§ 10.1-1613. Bonds made securities for investment and deposit

Bonds issued by the Authority under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the Commonwealth for any purpose authorized by law.

(1986, c. 360, § 10-158.10; 1988, c. 891.)

Sections:  Previous  10.1-1606  10.1-1607  10.1-1608  10.1-1609  10.1-1610  10.1-1611  10.1-1612  10.1-1613  10.1-1614  10.1-1615  10.1-1616  10.1-1617  10.1-1618  10.1-1619  10.1-1620  Next

Last modified: April 2, 2009