Virginia Code § 33.2-1518

Deposit of proceeds
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The proceeds of each series of Notes shall be placed by the State Treasurer in a special fund in the state treasury or may be placed with a trustee in accordance with § 33.2-1716 and shall be disbursed only for the purpose for which such series is issued.
2011, cc. 830, 868, § 33.1-23.21; 2014, c. 805.

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