Code of Virginia - Title 2.2 Administration Of Government - Chapter 46 Local Government Investment Pool Act

• 2.2-4600 Short title; definitions
  This chapter may be cited as the "Local Government Investment Pool Act." (1980, c. 538, §§ 2.1-234.1, 2.1-234.3; 1996, c. 77; 2001, c. 844.) ...
• 2.2-4601 Findings and purpose
  A. The General Assembly finds that the public interest is served by maximum and prudent investment of public funds so that the need for taxes ...
• 2.2-4602 Local government investment pool created
  A. A local government investment pool is created, consisting of the aggregate of all funds from local officials handling public funds that are placed in ...
• 2.2-4603 Investment authority
  Subject to the procedures set forth in this chapter, any local official handling public funds may invest and reinvest any money subject to his control ...
• 2.2-4604 Interfund pooling for investment purposes
  Local officials handling public funds may effect temporary transfers among separate funds for the purpose of pooling amounts available for investment. This pooling may be ...
• 2.2-4605 Powers of Treasury Board relating to the administration of local government investment poo...
  A. The Treasury Board shall have power to: 1. Make and adopt regulations necessary and proper for the efficient administration of the local government investment ...
• 2.2-4606 Chapter controlling over inconsistent laws; powers supplemental
  Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, the provisions of this chapter shall be controlling and ...

Last modified: April 2, 2009