Investment Of Public Funds Act
This is Chapter 45 of the Code of Virginia, titled “Investment Of Public Funds Act.” It is part of Title 2.2, titled “Administration Of Government.” It is part of Subtitle II, titled “Administration Of State Government.” It is part of Part B, titled “Transaction Of Public Business.” It’s comprised of the following 20 sections.
- § 2.2-4500
- Legal investments for public sinking funds
- § 2.2-4501
- Legal investments for other public funds
- § 2.2-4502
- Investment of funds of Commonwealth, political subdivisions, and public bodies in "prime quality" commercial paper
- § 2.2-4503
- Investments by Fairfax County finance director [Not set out.]
- § 2.2-4504
- Investment of funds by the Commonwealth and political subdivisions in bankers' acceptances
- § 2.2-4505
- Investment in certificates representing ownership of treasury bond principal at maturity or its coupons for accrued periods
- § 2.2-4506
- Securities lending
- § 2.2-4507
- Investment of funds in overnight, term and open repurchase agreements
- § 2.2-4508
- Investment of certain public moneys in certain mutual funds
- § 2.2-4509
- Investment of funds in negotiable certificates of deposit and negotiable bank deposit notes
- § 2.2-4510
- Investment of funds in corporate notes
- § 2.2-4511
- Investment of funds in asset-backed securities
- § 2.2-4512
- Investment of funds by State Treasurer in obligations of foreign sovereign governments
- § 2.2-4513
- Investments by transportation commissions
- § 2.2-4514
- Commonwealth and its political subdivisions as trustee of public funds; standard of care in investing such funds
- § 2.2-4515
- Collateral and safekeeping arrangements
- § 2.2-4516
- Liability of treasurers or public depositors
- § 2.2-4517
- Contracts on interest rates, currency, cash flow or on other basis
- § 2.2-4518
- Investment of funds in deposits
- § 2.2-4519
- Investment of funds by the Virginia Housing Development Authority and the Virginia Resources Authority