All bonds issued under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions and all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital, under their control or belonging to them. Such bonds are hereby made securities that may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the Commonwealth for any purpose for which the deposit of bonds or obligations is now or may hereafter be authorized by law.
2010, cc. 117, 210.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 72 - BVU Authority Act
§ 15.2-7201. Creation; public purpose
§ 15.2-7203. BVU Authority; operating name or names
§ 15.2-7205. Board of Directors; membership
§ 15.2-7206. Organization; compensation
§ 15.2-7209. Authority deemed to be an MLEC
§ 15.2-7210. Transfer of properties and debt
§ 15.2-7213. Deposit and investment of funds
§ 15.2-7214. Authority to issue bonds
§ 15.2-7215. Credit of Commonwealth and political subdivisions not pledged
§ 15.2-7216. Directors and persons executing bonds not liable thereon
§ 15.2-7217. Security for payment of bonds; default
§ 15.2-7218. Bonds as legal investments
§ 15.2-7219. Contracts concerning interest rates and investments
§ 15.2-7221. Sovereign immunity
§ 15.2-7222. Appropriation by political subdivision
§ 15.2-7223. Contracts with political subdivisions
§ 15.2-7224. Application of local ordinances, service charges, and taxes upon leaseholds
§ 15.2-7225. Existing contracts, leases, franchises, etc., not impaired