Notwithstanding any provisions of law to the contrary, all public officers, municipal corporations, other political subdivisions and all other public bodies of the Commonwealth may invest any and all moneys belonging to them or within their control other than sinking funds in bankers' acceptances.
Va. Code Ann. § 2.2-4504
Investment of funds by the Commonwealth and political subdivisions in bankers' acceptances
1981, c. 18, § 2.1-328.3; 1988, c. 834; 2001, c. 844.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.