US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Code of Virginia » Title 2.2 - Administration of Government » Part B. Transaction of Public Business » Chapter 45 - Investment of Public Funds Act » § 2.2-4504. Investment of funds by the Commonwealth and political subdivisions in bankers’ acceptances

Notwithstanding any provisions of law to the contrary, all public officers, municipal corporations, other political subdivisions and all other public bodies of the Commonwealth may invest any and all moneys belonging to them or within their control other than sinking funds in bankers’ acceptances.

1981, c. 18, § 2.1-328.3; 1988, c. 834; 2001, c. 844.