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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>69524</law_id><section_number>2.2-4513</section_number><catch_line>Investments by transportation commissions</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="II">Administration of State Government</unit><unit label="part" level="3" order_by="1" identifier="B">Transaction of Public Business</unit><unit label="chapter" level="4" order_by="1" identifier="45">Investment of Public Funds Act</unit></structure><text>
						<section><p>Transportation commissions that provide rail service may invest in, if required as a condition to obtaining insurance, participate in, or purchase insurance provided by, foreign insurance companies that insure railroad operations.</p></section></text><history>1988, c. 834, &#xA7; 2.1-328.12; 2001, c. 844.</history><metadata></metadata></law>
