Virginia Statutes

§ 2.2-4507 — Investment of funds in overnight, term and open repurchase agreements

Virginia § 2.2-4507
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 § 2.2-4507 (Investment of funds in overnight, term and open repurchase agreements) 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. § 2.2-4507 (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 overnight, term and open repurchase agreements that are collateralized with securities that are approved for direct investment.

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Legislative History

1985, c. 352, § 2.1-328.8; 1988, c. 834; 2001, c. 844.

Nearby Sections

15
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Bluebook (online)
Virginia § 2.2-4507, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/2.2/2.2-4507.