Bonds issued by the Authority 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, 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.
Code 1950, § 62-106.18; 1954, c. 667; 1968, c. 659.
Structure Code of Virginia
Title 62.1 - Waters of the State, Ports and Harbors
Chapter 10 - Virginia Port Authority
§ 62.1-129. Board of Commissioners; members and officers; Executive Director; agents and employees
§ 62.1-129.1. Employees; employment; personnel rules; health insurance; retirement plans
§ 62.1-129.2. Trust for postemployment benefits authorized; administration
§ 62.1-130. Powers and duties of Executive Director
§ 62.1-131. Office and branch offices; title to property
§ 62.1-132. Local authorities subordinate to Authority
§ 62.1-132.2. Bylaws and organization
§ 62.1-132.3. Stimulation of commerce
§ 62.1-132.3:1. Port Opportunity Fund
§ 62.1-132.3:2. Port of Virginia Economic and Infrastructure Development Grant Fund and Program
§ 62.1-132.3:3. Virginia Waterway Maintenance Fund
§ 62.1-132.3:4. Virginia Waterway Maintenance Grant Program
§ 62.1-132.4. Rates and rate structures
§ 62.1-132.7. Employment of personnel and legal counsel
§ 62.1-132.8. Consolidation of terminal operations
§ 62.1-132.9. Foreign trade zones
§ 62.1-132.10. Publications of Authority
§ 62.1-132.11. Police powers; penalties
§ 62.1-132.11:1. Prevention and suppression of fire
§ 62.1-132.12. Employment, jurisdiction, and power of special police officers
§ 62.1-132.12:1. Agreements with private terminal operators
§ 62.1-132.13. Cooperation with federal agencies
§ 62.1-132.14. Agreement of local cooperation with Corps of Engineers
§ 62.1-132.15. Grants and loans from federal agencies
§ 62.1-132.16. Fees and charges
§ 62.1-132.17. Grants of funds and property
§ 62.1-132.18. Acquisition of property
§ 62.1-132.19. Acquisition and lease of property
§ 62.1-132.20. Craney Island Disposal Area
§ 62.1-134.1. Expediting shipment of coal
§ 62.1-136. Power of eminent domain
§ 62.1-138. Powers of State Corporation Commission not affected
§ 62.1-139. Forms of accounts and records; annual report
§ 62.1-143. Proceeds of bonds and revenues held in trust for certain purposes
§ 62.1-144. Remedies of bondholders and trustee
§ 62.1-145. Exercise of powers constitutes governmental functions; exemption from taxation
§ 62.1-146. Bonds as legal investments
§ 62.1-147.1. Legalization of prior actions
§ 62.1-147.1:1. Exemption of Authority from certain technology procedures