{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/5.1-2.12.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/5.1-2.12.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/5.1-2.12.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/5.1-2.12.html"}],"law_id":61618,"edition_id":1,"section_id":61618,"structure_id":14181,"section_number":"5.1-2.12","catch_line":"Bonds made securities for investment and deposit","history":"1980, c. 750.","full_text":"Bonds issued by the Board under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all 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. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the Commonwealth for any purpose for which the deposit of bonds or obligations of the Commonwealth is now or may hereafter be authorized by law.","order_by":null,"text":{"0":{"id":224964,"text":"Bonds issued by the Board under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all 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. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the Commonwealth for any purpose for which the deposit of bonds or obligations of the Commonwealth is now or may hereafter be authorized by law.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14181,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":14180,"metadata":{},"date_created":"2026-06-26 03:47:09","date_modified":"2026-06-26 03:47:09","permalink":{"id":233303,"object_type":"structure","relational_id":14181,"identifier":"1","token":"5.1\/1\/1","url":"\/5.1\/1\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14180,"edition_id":1,"name":"Aircraft, Airmen and Airports Generally","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":13105,"metadata":{},"date_created":"2026-06-26 03:47:09","date_modified":"2026-06-26 03:47:09","permalink":{"id":233301,"object_type":"structure","relational_id":14180,"identifier":"1","token":"5.1\/1","url":"\/5.1\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13105,"edition_id":1,"name":"Aviation","identifier":"5.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:17","date_modified":"2026-06-26 03:44:17","permalink":{"id":233299,"object_type":"structure","relational_id":13105,"identifier":"5.1","token":"5.1","url":"\/5.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":56783,"structure_id":14181,"section_number":"5.1-1","catch_line":"(Effective July 1, 2030) Definitions","url":"\/5.1-1\/","token":"5.1\/1\/1\/5.1-1","metadata":false},{"id":72513,"structure_id":14181,"section_number":"5.1-1.1","catch_line":"Creation of Department of Aviation","url":"\/5.1-1.1\/","token":"5.1\/1\/1\/5.1-1.1","metadata":false},{"id":65406,"structure_id":14181,"section_number":"5.1-1.2","catch_line":"Appointment of Director; term; vacancies","url":"\/5.1-1.2\/","token":"5.1\/1\/1\/5.1-1.2","metadata":false},{"id":77739,"structure_id":14181,"section_number":"5.1-1.3","catch_line":"Oath and bond of Director; salary","url":"\/5.1-1.3\/","token":"5.1\/1\/1\/5.1-1.3","metadata":false},{"id":57629,"structure_id":14181,"section_number":"5.1-1.4","catch_line":"Enforcement of laws, rules and regulations","url":"\/5.1-1.4\/","token":"5.1\/1\/1\/5.1-1.4","metadata":false},{"id":58009,"structure_id":14181,"section_number":"5.1-1.5","catch_line":"General powers of Department","url":"\/5.1-1.5\/","token":"5.1\/1\/1\/5.1-1.5","metadata":false},{"id":69382,"structure_id":14181,"section_number":"5.1-1.6","catch_line":"Further powers and duties of Department; State Corporation Commission to administer Chapter 9","url":"\/5.1-1.6\/","token":"5.1\/1\/1\/5.1-1.6","metadata":false},{"id":82114,"structure_id":14181,"section_number":"5.1-1.7","catch_line":"Suits to enjoin violations of title","url":"\/5.1-1.7\/","token":"5.1\/1\/1\/5.1-1.7","metadata":false},{"id":57896,"structure_id":14181,"section_number":"5.1-10","catch_line":"Repealed","url":"\/5.1-10\/","token":"5.1\/1\/1\/5.1-10","metadata":false},{"id":56608,"structure_id":14181,"section_number":"5.1-11","catch_line":"Government-owned aircraft","url":"\/5.1-11\/","token":"5.1\/1\/1\/5.1-11","metadata":false},{"id":72732,"structure_id":14181,"section_number":"5.1-12","catch_line":"Federally certificated airlines and interstate service","url":"\/5.1-12\/","token":"5.1\/1\/1\/5.1-12","metadata":false},{"id":85474,"structure_id":14181,"section_number":"5.1-2","catch_line":"Repealed","url":"\/5.1-2\/","token":"5.1\/1\/1\/5.1-2","metadata":false},{"id":74835,"structure_id":14181,"section_number":"5.1-2.1","catch_line":"Virginia Aviation Commission continued as Virginia Aviation Board; 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bonds for refunding and for cost of additional projects","url":"\/5.1-2.13\/","token":"5.1\/1\/1\/5.1-2.13","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/5.1-2.12\/","history_text":"<p>This law was first created in 1980. The record of its establishment is cataloged in chapter 750 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1980 \u201cActs\u201d aren\u2019t available online.<\/p>","references":[{"id":68415,"section_number":"5.1-2.24","catch_line":"Applicability of certain sections","order_by":null,"url":"\/5.1-2.24\/"}],"refers_to":false,"permalink":{"id":233365,"object_type":"law","relational_id":61618,"identifier":"5.1-2.12","token":"5.1\/1\/1\/5.1-2.12","url":"\/5.1-2.12\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/5.1-2.12\/","token":"5.1\/1\/1\/5.1-2.12","dublin_core":{"Title":"Bonds made securities for investment and deposit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 5.1-2.12","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p><span class=\"dictionary\">Bonds<\/span> issued by the <span class=\"dictionary\">Board<\/span> under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all 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. Such <span class=\"dictionary\">bonds<\/span> are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the Commonwealth for any purpose for which the deposit of <span class=\"dictionary\">bonds<\/span> or obligations of the Commonwealth is now or may hereafter be authorized by <span class=\"dictionary\">law<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nBONDS MADE SECURITIES FOR INVESTMENT AND DEPOSIT (\u00a7 5.1-2.12)\n\nBonds issued by the Board under the provisions of this chapter are hereby made\nsecurities in which all public officers and public bodies of the Commonwealth\nand its political subdivisions, all insurance companies, trust companies,\nbanking associations, investment companies, executors, administrators, trustees,\nand other fiduciaries may properly and legally invest funds, including capital\nin their control or belonging to them. Such bonds are hereby made securities\nwhich may properly and legally be deposited with and received by any state or\nmunicipal officer or any agency or political subdivision of the Commonwealth for\nany purpose for which the deposit of bonds or obligations of the Commonwealth is\nnow or may hereafter be authorized by law.\n\nHISTORY: 1980, c. 750.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}