                                 CODE OF VIRGINIA

CONTRACTS WITH HOLDERS OF BONDS; HOW MONEY SECURED (§ 2.2-2305)

Notwithstanding the provisions of § 2.2-2304, the Authority may contract with
the holders of any of its bonds as to the custody, collection, securing,
investment and payment of any money of the Authority and of any money held in
trust or otherwise for the payment of bonds, and to carry out such contract.
Money held in trust or otherwise for the payment of bonds or in any way to
secure bonds and deposits of money may be secured in the same manner as money of
the Authority, and all banks and trust companies are authorized to give security
for the deposits.

HISTORY: 1984, c. 749, § 9-230; 2001, c. 844.