Code of Virginia § 64.2-1503. Investment in bonds or other obligations issued, guaranteed, or assured by Inter-American Development Bank.
52 words·~1 min read·
/va/title-64-2/chapter-15/64-2-1503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Executors, administrators, trustees, and other fiduciaries, both individual and corporate, may invest the funds held by them in a fiduciary capacity in bonds and other obligations issued, guaranteed, or assured by the Inter-American Development Bank, which are and shall be considered lawful investments.
1968, c. 65, § 26-40.1; 2012, c. 614 .