                                 CODE OF VIRGINIA

DEPOSIT OF MONEY (§ 29.1-101.3)

All money belonging to the Fund shall be recorded on the books of the State
Comptroller and deposited in an account or accounts in banks or trust companies
organized under the laws of the Commonwealth or in national banking associations
located in Virginia or in savings institutions located in Virginia organized
under the laws of the Commonwealth or the United States. Money in the Fund not
needed for immediate use or disbursement may be invested or reinvested by the
State Treasurer in obligations or securities that are considered lawful
investments for public funds under the laws of the Commonwealth.

HISTORY: 1989, c. 5, § 10.1-1215; 1992, cc. 464, 887; 1996, c. 77.