{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-5809.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-5809.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-5809.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-5809.html"}],"law_id":348898,"edition_id":2,"section_id":348898,"structure_id":50010,"section_number":"15.2-5809","catch_line":"Investments in bonds","history":"1992, c. 823, \u00a7 15.1-227.79; 1997, c. 587.","full_text":"Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in any bonds issued by the Authority.\n\n","order_by":null,"text":{"0":{"id":1300523,"text":"Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in any bonds issued by the Authority.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":50010,"edition_id":2,"name":"Virginia Baseball Stadium Authority","identifier":"58","label":"chapter","depth":3,"order_by":17,"parent_id":49964,"metadata":{"child_laws":24,"child_structures":0},"date_created":"2026-08-02 02:20:11","date_modified":"2026-08-02 12:29:53","permalink":{"id":1386715,"object_type":"structure","relational_id":50010,"identifier":"58","token":"15.2\/IV\/58","url":"\/15.2\/IV\/58\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49964,"edition_id":2,"name":"Other Governmental Entities","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":49831,"metadata":{"child_laws":721,"child_structures":68},"date_created":"2026-08-02 02:19:12","date_modified":"2026-08-02 12:29:48","permalink":{"id":1384899,"object_type":"structure","relational_id":49964,"identifier":"IV","token":"15.2\/IV","url":"\/15.2\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49831,"edition_id":2,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":46,"parent_id":null,"metadata":{"child_laws":2297,"child_structures":225},"date_created":"2026-08-02 02:16:22","date_modified":"2026-08-02 12:29:22","permalink":{"id":1378281,"object_type":"structure","relational_id":49831,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":348889,"structure_id":50010,"section_number":"15.2-5800","catch_line":"Definitions; professional baseball games; consent for construction","url":"\/15.2-5800\/","token":"15.2\/IV\/58\/15.2-5800","metadata":false},{"id":348890,"structure_id":50010,"section_number":"15.2-5801","catch_line":"Creation of Authority","url":"\/15.2-5801\/","token":"15.2\/IV\/58\/15.2-5801","metadata":{"court_decisions":{"0":{"name":" .\u202f.\u202f. Short Pump Town Center Community Development Authority v. .\u202f.\u202f. ","case_number":"Record 010456","citation":"554 S.E.2d 441","date":"2001-11-02","url":"https:\/\/www.courtlistener.com\/opinion\/1059406\/short-pump-town-center-community-development-authority-v-hahn\/","abstract":" .\u202f.\u202f. 554 S.E.2d 441 (2001) .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"}}}},{"id":348891,"structure_id":50010,"section_number":"15.2-5802","catch_line":"Members of Authority; chairman; terms","url":"\/15.2-5802\/","token":"15.2\/IV\/58\/15.2-5802","metadata":{"court_decisions":""}},{"id":348892,"structure_id":50010,"section_number":"15.2-5803","catch_line":"Quorum; actions of Authority; meetings","url":"\/15.2-5803\/","token":"15.2\/IV\/58\/15.2-5803","metadata":{"court_decisions":""}},{"id":348893,"structure_id":50010,"section_number":"15.2-5804","catch_line":"Executive Director appointment; duties","url":"\/15.2-5804\/","token":"15.2\/IV\/58\/15.2-5804","metadata":{"court_decisions":""}},{"id":348894,"structure_id":50010,"section_number":"15.2-5805","catch_line":"Powers","url":"\/15.2-5805\/","token":"15.2\/IV\/58\/15.2-5805","metadata":false},{"id":348895,"structure_id":50010,"section_number":"15.2-5806","catch_line":"Public hearings; notice; reports","url":"\/15.2-5806\/","token":"15.2\/IV\/58\/15.2-5806","metadata":{"court_decisions":""}},{"id":348896,"structure_id":50010,"section_number":"15.2-5807","catch_line":"Acquisition of property","url":"\/15.2-5807\/","token":"15.2\/IV\/58\/15.2-5807","metadata":false},{"id":348897,"structure_id":50010,"section_number":"15.2-5808","catch_line":"Bond issues","url":"\/15.2-5808\/","token":"15.2\/IV\/58\/15.2-5808","metadata":false},{"id":348898,"structure_id":50010,"section_number":"15.2-5809","catch_line":"Investments in bonds","url":"\/15.2-5809\/","token":"15.2\/IV\/58\/15.2-5809","metadata":{"court_decisions":""}},{"id":348899,"structure_id":50010,"section_number":"15.2-5810","catch_line":"Bonds are tax exempt","url":"\/15.2-5810\/","token":"15.2\/IV\/58\/15.2-5810","metadata":false},{"id":348900,"structure_id":50010,"section_number":"15.2-5811","catch_line":"Stadium Authority Financing Fund; use","url":"\/15.2-5811\/","token":"15.2\/IV\/58\/15.2-5811","metadata":false},{"id":348901,"structure_id":50010,"section_number":"15.2-5812","catch_line":"Additional duties","url":"\/15.2-5812\/","token":"15.2\/IV\/58\/15.2-5812","metadata":{"court_decisions":""}},{"id":348902,"structure_id":50010,"section_number":"15.2-5813","catch_line":"Creation of local advisory boards","url":"\/15.2-5813\/","token":"15.2\/IV\/58\/15.2-5813","metadata":false},{"id":348903,"structure_id":50010,"section_number":"15.2-5814","catch_line":"Entitlement to sales tax revenues derived from a major league baseball stadium","url":"\/15.2-5814\/","token":"15.2\/IV\/58\/15.2-5814","metadata":{"court_decisions":""}},{"id":348904,"structure_id":50010,"section_number":"15.2-5815","catch_line":"Tax revenues of the Commonwealth or any other political subdivision not pledged","url":"\/15.2-5815\/","token":"15.2\/IV\/58\/15.2-5815","metadata":false},{"id":348905,"structure_id":50010,"section_number":"15.2-5816","catch_line":"Cooperation between the Authority and other political subdivisions","url":"\/15.2-5816\/","token":"15.2\/IV\/58\/15.2-5816","metadata":{"court_decisions":""}},{"id":348906,"structure_id":50010,"section_number":"15.2-5817","catch_line":"Tort liability","url":"\/15.2-5817\/","token":"15.2\/IV\/58\/15.2-5817","metadata":false},{"id":348907,"structure_id":50010,"section_number":"15.2-5818","catch_line":"Tort claims","url":"\/15.2-5818\/","token":"15.2\/IV\/58\/15.2-5818","metadata":{"court_decisions":""}},{"id":348908,"structure_id":50010,"section_number":"15.2-5819","catch_line":"Policy statement","url":"\/15.2-5819\/","token":"15.2\/IV\/58\/15.2-5819","metadata":{"court_decisions":""}},{"id":348909,"structure_id":50010,"section_number":"15.2-5820","catch_line":"Expired","url":"\/15.2-5820\/","token":"15.2\/IV\/58\/15.2-5820","metadata":{"court_decisions":""}},{"id":348910,"structure_id":50010,"section_number":"15.2-5821","catch_line":"Expired","url":"\/15.2-5821\/","token":"15.2\/IV\/58\/15.2-5821","metadata":false},{"id":348911,"structure_id":50010,"section_number":"15.2-5822","catch_line":"Expired","url":"\/15.2-5822\/","token":"15.2\/IV\/58\/15.2-5822","metadata":false},{"id":348912,"structure_id":50010,"section_number":"15.2-5823","catch_line":"Expired","url":"\/15.2-5823\/","token":"15.2\/IV\/58\/15.2-5823","metadata":{"court_decisions":""}}],"previous_section":{"id":348897,"structure_id":50010,"section_number":"15.2-5808","catch_line":"Bond issues","url":"\/15.2-5808\/","token":"15.2\/IV\/58\/15.2-5808","metadata":false},"next_section":{"id":348899,"structure_id":50010,"section_number":"15.2-5810","catch_line":"Bonds are tax exempt","url":"\/15.2-5810\/","token":"15.2\/IV\/58\/15.2-5810","metadata":false},"metadata":{"court_decisions":""},"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-5809\/","history_text":"<p>This law was first created in 1992. The record of its establishment is cataloged in chapter 823 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1992 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 1997, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?971+ful+CHAP0587\">587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1386753,"object_type":"law","relational_id":348898,"identifier":"15.2-5809","token":"15.2\/IV\/58\/15.2-5809","url":"\/15.2-5809\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-5809\/","token":"15.2\/IV\/58\/15.2-5809","dublin_core":{"Title":"Investments in bonds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-5809","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in any <span class=\"dictionary\">bonds<\/span> issued by the <span class=\"dictionary\">Authority<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nINVESTMENTS IN BONDS (\u00a7 15.2-5809)\n\nAny financial institution, investment company, insurance company or association,\nand any personal representative, guardian, trustee, or other fiduciary, may\nlegally invest any moneys belonging to them or within their control in any bonds\nissued by the Authority.\n\nHISTORY: 1992, c. 823, \u00a7 15.1-227.79; 1997, c. 587.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}