22.1-173 - Bonds legal investments. - Virginia Statutes

§ 22.1-173. Bonds legal investments.

All bonds issued by the Authority under the provisions of this chapter arehereby made securities in which all public officers and bodies of theCommonwealth, counties, cities, towns, municipal subdivisions, insurancecompanies and associations, savings banks and savings institutions, includingsavings and loan associations, trust companies, beneficial and benevolentassociations, administrators, guardians, executors, trustees and otherfiduciaries in the Commonwealth may properly and legally invest funds undertheir control.

(Code 1950, § 22-29.13; 1962, c. 194; 1980, c. 559.)