Virginia Statutes
§ 15.2-4915 — Bonds as legal investments and lawful security
Virginia § 15.2-4915
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IVOTHER GOVERNMENTAL ENTITIES
Ch. 49INDUSTRIAL DEVELOPMENT AND REVENUE BOND ACT
This text of Virginia § 15.2-4915 (Bonds as legal investments and lawful security) 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. § 15.2-4915 (2026).
Text
The bonds issued pursuant to this chapter shall be and are hereby declared to be legal and authorized investments for banks, savings banks, trust companies, building and loan associations, insurance companies, fiduciaries, trustees, guardians and for all public funds of the Commonwealth or other political corporations or subdivisions of the Commonwealth. Such bonds shall be eligible to secure the deposit of public funds of the Commonwealth, localities, school districts or other political corporations or subdivisions of the Commonwealth, and shall be security for such deposits to the extent of their value when accompanied by all unmatured coupons appertaining thereto.
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Legislative History
1966, c. 651, § 15.1-1386; 1997, c. 587.
Nearby Sections
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Charter powers not affected by title§ 15.2-102
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Name "Mount Vernon" reserved§ 15.2-104
Liens against real estate§ 15.2-107.1
Advertisement of legal notices on web sites§ 15.2-108
Repealed§ 15.2-108.1
Local fees charged to places of worship§ 15.2-109
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Bluebook (online)
Virginia § 15.2-4915, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-4915.