Code of Virginia § 36-55. Bonds to be legal investments and security.
73 words·~1 min read·
/va/title-36/chapter-1/36-55A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds or other obligations issued by an authority in connection with projects authorized under this chapter shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations and other bodies and officers as bonds or other obligations issued by an authority in connection with the development of slum clearance or housing projects.
1946, p. 280; Michie Suppl. 1946, § 3145(8h); 1964, c. 378.