Virginia Decodedhttps://vacode.org586962.2-4504Investment of funds by the Commonwealth and political subdivisions in bankers’ acceptances2025Administration of GovernmentAdministration of State GovernmentTransaction of Public BusinessInvestment of Public Funds Act

Notwithstanding any provisions of law to the contrary, 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 other than sinking funds in bankers’ acceptances.

1981, c. 18, § 2.1-328.3; 1988, c. 834; 2001, c. 844.