Virginia Statutes
§ 51.1-124.32 — Exemption from Public Procurement Act
Virginia § 51.1-124.32
JurisdictionVirginia
Title 51.1PENSIONS, BENEFITS, AND RETIREMENT
Ch. 1VIRGINIA RETIREMENT SYSTEM
Art. 3.1INVESTMENTS
This text of Virginia § 51.1-124.32 (Exemption from Public Procurement Act) 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. § 51.1-124.32 (2026).
Text
The selection of services related to the management, purchase, or sale of authorized investments, actuarial services, and disability determination services shall be governed by the standard of care in § 51.1-124.30 and shall not be subject to the provisions of the Virginia Public Procurement Act (§ 2.2-4300 et seq.).
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Legislative History
1982, c. 580, § 51-111.24:2; 1985, c. 490; 1989, c. 399; 1990, c. 832, § 51.1-116; 1991, c. 391; 1994, cc. 4, 85; 2007, c. 65.
Nearby Sections
15
§ 51.1-100
Repealed§ 51.1-1000
All state and local plans included§ 51.1-1001
Summary plan description§ 51.1-1002
Annual statement of benefits§ 51.1-1004
Use of electronic media§ 51.1-1100
Definitions§ 51.1-1102
Additional powers of the Board§ 51.1-1103
Participation in the program§ 51.1-1105
Use of sick leave by participating employees§ 51.1-1107
Family and personal leave benefit§ 51.1-1108
Use of family and personal leaveCite This Page — Counsel Stack
Bluebook (online)
Virginia § 51.1-124.32, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/51.1/51.1-124.32.