Code of Virginia
Chapter 54.1 - Virginia Wireless Service Authorities Act
§ 15.2-5431.32. Investment in bonds

Any bonds issued pursuant to this chapter are hereby made securities in which all public officers, bodies and political subdivisions of the Commonwealth; all insurance companies and associations; and all savings banks and savings institutions, including savings and loan associations, trust companies, beneficial and benevolent associations, administrators, guardians, executors, trustees and other fiduciaries in the Commonwealth, may properly and legally invest funds in their control.
2003, c. 643.

Structure Code of Virginia

Code of Virginia

Title 15.2 - Counties, Cities and Towns

Chapter 54.1 - Virginia Wireless Service Authorities Act

§ 15.2-5431.1. Title of chapter; construction

§ 15.2-5431.2. Definitions

§ 15.2-5431.3. Creation of authority

§ 15.2-5431.4. Resolution creating authority to include articles of incorporation

§ 15.2-5431.5. Advertisement of resolution and notice of hearing

§ 15.2-5431.6. Hearing; referendum

§ 15.2-5431.7. Filing articles of incorporation

§ 15.2-5431.8. Issuance of certificate or charter

§ 15.2-5431.8:1. Amendment of articles of incorporation

§ 15.2-5431.9. Dissolution and termination of authority

§ 15.2-5431.9:1. Joinder of another locality or authority; withdrawal from authority

§ 15.2-5431.10. Members of authority board; chief administrative or executive officer

§ 15.2-5431.11. Powers of authority

§ 15.2-5431.12. Contracts relating to use of systems

§ 15.2-5431.13. Insurance for employees

§ 15.2-5431.14. Issuance of revenue bonds

§ 15.2-5431.15. Time for contesting validity of proposed bond issue; when bonds presumed valid

§ 15.2-5431.16. Proceeds of bonds

§ 15.2-5431.17. Interim receipts and temporary bonds; bonds mutilated, lost or destroyed

§ 15.2-5431.18. Provisions of chapter only requirements for issue

§ 15.2-5431.19. Limitations in bond resolution or trust agreement

§ 15.2-5431.20. Bonds not debts of Commonwealth or participating political subdivision

§ 15.2-5431.21. Exemption from taxation

§ 15.2-5431.22. Trust agreement; bond resolution

§ 15.2-5431.23. Disposition of unclaimed funds due on matured bonds or coupons

§ 15.2-5431.24. Contracts concerning interest rates, currency, cash flow and other basis

§ 15.2-5431.25. Rates and charges

§ 15.2-5431.26. Enforcement of charges

§ 15.2-5431.27. Lien for charges

§ 15.2-5431.28. Trust funds

§ 15.2-5431.29. Bondholder's remedies

§ 15.2-5431.30. Refunding bonds

§ 15.2-5431.31. Purchase in open market or otherwise

§ 15.2-5431.32. Investment in bonds

§ 15.2-5431.33. Financial report; authority budget; audit

§ 15.2-5431.34. Use of state land

§ 15.2-5431.35. Powers of localities to make grants and conveyances to and contracts with authority

§ 15.2-5431.35:1. Creating or joining more than one authority

§ 15.2-5431.36. Liability of members or officers

§ 15.2-5431.37. Provisions of chapter cumulative; construction