Chapter 45 Investment of Public Funds Act

This chapter is comprised of the following sections:
  • §2.2-4500 Legal investments for public sinking funds
  • §2.2-4501 Legal investments for other public funds
  • §2.2-4502 Investment of funds of Commonwealth, political subdivisions, and public bodies in “prime quality” commercial paper
  • §2.2-4503 Investments by Fairfax County finance director
  • §2.2-4504 Investment of funds by the Commonwealth and political subdivisions in bankers’ acceptances
  • §2.2-4505 Investment in certificates representing ownership of treasury bond principal at maturity or its coupons for accrued periods
  • §2.2-4506 Securities lending
  • §2.2-4507 Investment of funds in overnight, term and open repurchase agreements
  • §2.2-4508 Investment of certain public moneys in certain mutual funds
  • §2.2-4509 Investment of funds in negotiable certificates of deposit and negotiable bank deposit notes
  • §2.2-4510 Investment of funds in corporate notes
  • §2.2-4511 Investment of funds in asset-backed securities
  • §2.2-4512 Investment of funds by State Treasurer in obligations of foreign sovereign governments
  • §2.2-4513 Investments by transportation commissions
  • §2.2-4513.1 Investment of funds in qualified investment pools
  • §2.2-4514 Commonwealth and its political subdivisions as trustee of public funds; standard of care in investing such funds
  • §2.2-4515 Collateral and safekeeping arrangements
  • §2.2-4516 Liability of treasurers or public depositors
  • §2.2-4517 Contracts on interest rates, currency, cash flow or on other basis
  • §2.2-4518 Investment of funds in deposits
  • §2.2-4519 Investment of funds by the Virginia Housing Development Authority and the Virginia Resources Authority