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2017 SESSION
17103326DBe it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 2.2-4513.1 as follows:
§ 2.2-4513.1. Investment of Funds in the Virginia Investment Pool Trust Fund.
All public officers, municipal corporations, and other political subdivisions may invest any or all of the moneys belonging to them or within their control, other than sinking funds, in the Virginia Investment Pool Trust Fund administered by the Virginia Local Government Finance Corporation.
Investments in the Virginia Investment Pool Trust Fund shall comply with the requirements of this chapter applicable to municipal corporations and other political subdivisions.