15.2-5144 - Investment in bonds. - Virginia Statutes

§ 15.2-5144. Investment in bonds.

Any bonds issued pursuant to this chapter are hereby made securities in whichall public officers, bodies and political subdivisions of the Commonwealth;all insurance companies and associations; and all savings banks and savingsinstitutions, including savings and loan associations, trust companies,beneficial and benevolent associations, administrators, guardians, executors,trustees and other fiduciaries in the Commonwealth, may properly and legallyinvest funds in their control.

(Code 1950, § 15-764.29; 1950, p. 1329; 1962, c. 623, § 15.1-1267; 1997, c.587.)