Va. Code § 64.2-1503: Investment in bonds or other obligations issued, guaranteed, or assured by Inter-American Development Bank

Executors, administrators, trustees, and other fiduciaries, both individual and corporate, may invest the funds held by them in a fiduciary capacity in bonds and other obligations issued, guaranteed, or assured by the Inter-American Development Bank, which are and shall be considered lawful investments.1968, c. 65, § 26-40.1; 2012, c. 614.