15.2-7009 - Revenue bonds eligible for investment. - Virginia Statutes

§ 15.2-7009. Revenue bonds eligible for investment.

Bonds issued by the Authority under the provisions of this chapter are herebymade securities in which all public officers and public bodies of theCommonwealth and its political subdivisions, all insurance companies, trustcompanies, banks, banking associations, investment companies, executors,administrators, trustees, and other fiduciaries may properly and legallyinvest funds, including capital, in their control or belonging to them. Suchbonds are also hereby made securities that may properly and legally bedeposited with and received by any Commonwealth or municipal officer or anyagency or political subdivision of the Commonwealth for any purpose for whichthe deposit of bonds or obligations is now or may hereafter be authorized bylaw.

(2009, c. 471.)