Virginia Statutes

§ 2.2-4505 — Investment in certificates representing ownership of treasury bond principal at maturity or its coupons for accrued periods

Virginia § 2.2-4505
JurisdictionVirginia
Title 2.2ADMINISTRATION OF GOVERNMENT
Subtitle IIADMINISTRATION OF STATE GOVERNMENT
Ch. 45INVESTMENT OF PUBLIC FUNDS ACT
Part BTRANSACTION OF PUBLIC BUSINESS

This text of Virginia § 2.2-4505 (Investment in certificates representing ownership of treasury bond principal at maturity or its coupons for accrued periods) 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. § 2.2-4505 (2026).

Text

Notwithstanding any provision of law to the contrary, the Commonwealth, 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, in certificates representing ownership of either treasury bond principal at maturity or its coupons for accrued periods. The underlying United States Treasury bonds or coupons shall be held by a third-party independent of the seller of such certificates.

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Legislative History

1983, c. 117, § 2.1-328.5; 1985, c. 352; 1988, c. 834; 2001, c. 844.

Nearby Sections

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Bluebook (online)
Virginia § 2.2-4505, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/2.2/2.2-4505.