Bonds issued by the Authority under the provisions of this act are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all 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. Such bonds are hereby made securities which 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.
2001, c. 342.
Structure Code of Virginia
Chapter 10 - Metropolitan Washington Airports Authority
§ 5.1-153. Metropolitan Washington Airports Authority created
§ 5.1-154. Acquisition of airports; approval
§ 5.1-155. Membership; terms; officers
§ 5.1-156. Powers and duties of the Authority
§ 5.1-157. Authority rules and regulations; penalty
§ 5.1-159. Operation of foreign trade zone
§ 5.1-160. Acquisition of property; eminent domain
§ 5.1-164. Marketability of bonds
§ 5.1-165. Bonds as legal investments and security for public deposits
§ 5.1-166. Credit of Commonwealth and political subdivisions not pledged
§ 5.1-172. Exemption from taxation
§ 5.1-173. Jurisdiction of courts; liability for contracts and torts
§ 5.1-174. Procurement Act exemption
§ 5.1-175. Act liberally construed