Investment of Public Funds Act

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This is Chapter 45 of the Code of Virginia, titled “Investment of Public Funds Act.” It is part of Part B “Transaction of Public Business”, which is part of Subtitle II “Administration of State Government”, which is part of Title 2.2 “Administration of Government”.

It’s comprised of the following 21 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
§ 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
§ 2.2-4513.1	Investment of funds in qualified investment pools
§ 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