Virginia Statutes
§ 23.1-1235 — Bonds as legal investments
Virginia § 23.1-1235
JurisdictionVirginia
Title 23.1INSTITUTIONS OF HIGHER EDUCATION; OTHER EDUCATIONAL AND CULTURAL INSTITUTIONS
Subtitle IIIMANAGEMENT AND FINANCING
Ch. 12VIRGINIA COLLEGE BUILDING AUTHORITY
Art. 2NONPROFIT PRIVATE INSTITUTIONS OF HIGHER EDUCATION; PROJECTS
This text of Virginia § 23.1-1235 (Bonds as legal 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. § 23.1-1235 (2026).
Text
Bonds issued by the Authority under the provisions of this article are securities (i) in which all public officers and bodies of the Commonwealth and its political subdivisions, insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them and (ii) that may properly and legally be deposited with and received by any officer of the Commonwealth or any of its localities or any agency or political subdivision of the Commonwealth for any lawful purpose.
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Legislative History
1972, c. 686, § 23-30.55; 2016, c. 588.
Nearby Sections
15
§ 23.1-100
Definitions§ 23.1-1000
Definitions§ 23.1-1001
Financial and administrative management standards for public institutions of higher education§ 23.1-1003
Memoranda of understanding§ 23.1-1005
Approval of a management agreement§ 23.1-1006
Management agreement; contents and scope§ 23.1-1007
Management agreement; duration and oversightCite This Page — Counsel Stack
Bluebook (online)
Virginia § 23.1-1235, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/23.1/23.1-1235.