Va. Code § 2.2-4507

Current with changes from the 2024 legislative session through ch. 845

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

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.

Va. Code § 2.2-4507

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

Amended by Acts 2001, c. 844.

Amended by Acts 1988, c. 834.

Amended by Acts 1985, c. 352, § 2.1-328.8.