Virginia Decodedhttps://vacode.org5510351.1-124.32Exemption from Public Procurement Act202551.1-124.3651.1-124.3751.1-124.3951.1-124.40Pensions, Benefits, and RetirementVirginia Retirement SystemInvestments

The selection of services related to the management, purchase, or sale of authorized investments, actuarial services, and disability determination services shall be governed by the standard of care in § 51.1-124.30 and shall not be subject to the provisions of the Virginia Public Procurement Act (§ 2.2-4300 et seq.).

1982, c. 580, § 51-111.24:2; 1985, c. 490; 1989, c. 399; 1990, c. 832, § 51.1-116; 1991, c. 391; 1994, cc. 4, 85; 2007, c. 65.