Bonds issued by the Authority under the provisions of this chapter are securities (i) in which all public officers and public bodies of the Commonwealth and its political subdivisions, insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them and (ii) that may properly and legally be deposited with and received by any state officer or officer of a locality or agency or political subdivision of the Commonwealth for any purpose for which the deposit of bonds or obligations is authorized by law.
1996, cc. 905, 1046, § 23-50.16:30; 2016, c. 588.
Structure Code of Virginia
Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions
Chapter 24 - Virginia Commonwealth University Health System Authority
§ 23.1-2401. Authority established; powers, purposes, and duties
§ 23.1-2402. Board of directors; membership; meetings; officers; employees
§ 23.1-2403. Chief executive officer of the Authority
§ 23.1-2404. Powers of the Authority
§ 23.1-2405. Additional powers of the Authority; operation of projects
§ 23.1-2406. Additional powers of the Authority; police
§ 23.1-2408. Moneys of the Authority
§ 23.1-2409. Grants and loans from localities
§ 23.1-2411. Exemption from taxation
§ 23.1-2412. Transfer of existing hospital facilities
§ 23.1-2414. Leases of property
§ 23.1-2415. Employees of the Authority
§ 23.1-2416. Retirement benefits for employees of the Authority
§ 23.1-2417. Insurance for employees of the Authority
§ 23.1-2418. Power to issue bonds
§ 23.1-2419. Liability on bonds
§ 23.1-2421. Trust indentures and mortgages; security for the bonds
§ 23.1-2422. Remedies of obligees of Authority
§ 23.1-2423. Bonds to be legal investments
§ 23.1-2425. (Effective until September 1, 2022) Confidential and public information
§ 23.1-2425. (Effective September 1, 2022) Confidential and public information