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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77131</law_id><section_number>64.2-1503</section_number><catch_line>Investment in bonds or other obligations issued, guaranteed, or assured by Inter-American Development Bank</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="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Fiduciaries and Guardians</unit><unit label="part" level="3" order_by="1" identifier="A">Fiduciaries</unit><unit label="chapter" level="4" order_by="1" identifier="15">Investments</unit></structure><text>
						<section><p>Executors, administrators, <span class="dictionary">trustees</span>, and other fiduciaries, both individual and corporate, may invest the funds held by them in a <span class="dictionary">fiduciary</span> capacity in <span class="dictionary">bonds</span> and other obligations issued, guaranteed, or assured by the Inter-American Development Bank, which are and shall be considered lawful investments.</p></section></text><history>1968, c. 65, &#xA7; 26-40.1; 2012, c. 614.</history><metadata></metadata></law>
