{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/21-279.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/21-279.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/21-279.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/21-279.html"}],"law_id":354014,"edition_id":2,"section_id":354014,"structure_id":50675,"section_number":"21-279","catch_line":"Bonds constitute legal investments","history":"1946, p. 364; Michie Suppl. 1946, \u00a7 1560iii24.","full_text":"Any bonds issued pursuant to the authority of this chapter are hereby made securities in which all public officers and bodies of this Commonwealth and all political subdivisions thereof, all insurance companies and associations, all savings banks and savings institutions, including savings and loan associations, in the Commonwealth, may properly and legally invest funds in their control.\n\n","order_by":null,"text":{"0":{"id":1318500,"text":"Any bonds issued pursuant to the authority of this chapter are hereby made securities in which all public officers and bodies of this Commonwealth and all political subdivisions thereof, all insurance companies and associations, all savings banks and savings institutions, including savings and loan associations, in the Commonwealth, may properly and legally invest funds in their control.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":50675,"edition_id":2,"name":"Bonds","identifier":"5","label":"article","depth":3,"order_by":5,"parent_id":50670,"metadata":{"child_laws":15,"child_structures":0},"date_created":"2026-08-02 02:31:11","date_modified":"2026-08-02 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Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">bonds<\/span> issued pursuant to the authority of this chapter are hereby made securities in which all public officers and bodies of this Commonwealth and all political subdivisions thereof, all insurance companies and associations, all savings banks and savings institutions, including savings and loan associations, in the Commonwealth, may properly and legally invest funds in their control.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nBONDS CONSTITUTE LEGAL INVESTMENTS (\u00a7 21-279)\n\nAny bonds issued pursuant to the authority of this chapter are hereby made\nsecurities in which all public officers and bodies of this Commonwealth and all\npolitical subdivisions thereof, all insurance companies and associations, all\nsavings banks and savings institutions, including savings and loan associations,\nin the Commonwealth, may properly and legally invest funds in their control.\n\nHISTORY: 1946, p. 364; Michie Suppl. 1946, \u00a7 1560iii24.","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"}}