Va. Code § 58.1-3156

Current with changes from the 2024 legislative session through ch. 845

Section 58.1-3156 - County finance boards may direct treasurer to invest under certain circumstances

Notwithstanding other provisions of this article, whenever the county finance board determines that county or district funds would otherwise draw no interest or draw a lesser rate of interest, the finance board may direct the county treasurer to invest such funds in accordance with guidelines issued by the State Treasurer.

Code 1950, § 58-943.2; 1954, c. 498; 1974, c. 224; 1984, c. 675; 1988, c. 834.

Amended by Acts 1988, c. 834.

Amended by Acts 1984, c. 675.

Amended by Acts 1974, c. 224.

Amended by Acts 1954, c. 498.