Va. Code Ann. § 2.2-2305
This is the official text of Va. Code Ann. § 2.2-2305, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Contracts with holders of bonds; how money secured
Official statutory text
Notwithstanding the provisions of § 2.2-2304 , the Authority may contract with the holders of any of its bonds as to the custody, collection, securing, investment and payment of any money of the Authority and of any money held in trust or otherwise for the payment of bonds, and to carry out such contract. Money held in trust or otherwise for the payment of bonds or in any way to secure bonds and deposits of money may be secured in the same manner as money of the Authority, and all banks and trust companies are authorized to give security for the deposits.
1984, c. 749, § 9-230; 2001, c. 844 .
1984, c. 749, § 9-230; 2001, c. 844 .
Status: in_force · Read it on the official government site
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