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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>78811</law_id><section_number>2.2-1808</section_number><catch_line>State Treasurer may sell securities in general fund; exceptions; disposition of proceeds</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="2.2">Administration of Government</unit><unit label="subtitle" level="2" order_by="1" identifier="I">Organization of State Government</unit><unit label="part" level="3" order_by="1" identifier="C">State Agencies Related to the General Operation of Government</unit><unit label="chapter" level="4" order_by="1" identifier="18">Department of the Treasury</unit><unit label="article" level="5" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section><p>The Treasurer may sell, transfer, and convey any notes, <span class="dictionary">bonds</span>, obligations or certificates of stock held in the general fund of the state treasury. The proceeds from any such sale or <span class="dictionary">disposition</span> shall immediately be paid into the general fund. This section shall apply to any present or future holdings.</p></section></text><history>Code 1950, p. 632, &#xA7; 2-155.1; 1966, c. 677, &#xA7; 2.1-187; 1970, c. 687; 1989, c. 28; 1991, cc. 349, 366; 2001, c. 844.</history><metadata></metadata></law>
