Virginia Statutes

§ 10.1-312 — Bonds declared legal and authorized investments

Virginia § 10.1-312
JurisdictionVirginia
Title 10.1CONSERVATION
Subtitle IACTIVITIES ADMINISTERED BY THE DEPARTMENT OF CONSERVATION AND RECREATION
Ch. 3STATE PARK DEVELOPMENT REVENUE BOND ACT

This text of Virginia § 10.1-312 (Bonds declared legal and authorized investments) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 10.1-312 (2026).

Text

The bonds issued pursuant to this chapter shall be legal and authorized investments for banks, savings institutions, trust companies, building and loan associations, insurance companies, fiduciaries, trustees, guardians and for all public funds of the Commonwealth or other political subdivisions of the Commonwealth. Such bonds shall be eligible to secure the deposit of public funds of the Commonwealth and public funds of counties, cities, towns, school districts or other political subdivisions of the Commonwealth. In addition, the bonds shall be lawful and sufficient security for deposits to the extent of their value when accompanied by all unmatured coupons.

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Legislative History

1986, c. 498, § 10-112.1; 1988, c. 891; 1996, c. 77.

Nearby Sections

15
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Bluebook (online)
Virginia § 10.1-312, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/10.1/10.1-312.