                                 CODE OF VIRGINIA

INVESTMENTS THAT CEASE TO BE ELIGIBLE MAY BE RETAINED (§ 64.2-1505)

Investments made under the provisions of § 64.2-1502, if in conformity with the
requirements of that section at the time the investments were made, may be
retained even though they cease to be eligible for purchase under the provisions
of that section, but shall be subject to the provisions of the Uniform Prudent
Investor Act (§ 64.2-780 et seq.).

HISTORY: Code 1919, § 5431; 1942, p. 662; Code 1950, § 26-44; 1992, c. 810;
1999, c. 772; 2012, c. 614.