Code of Virginia (Last Updated:July 28, 2020) |
TITLE 51.1. Pensions, Benefits, and Retirement |
CHAPTER 1. Virginia Retirement System |
ARTICLE 3.1. Investments |
SECTION 51.1-124.32. Exemption from Public Procurement Act |
The selection of services related to the management, purchase, or sale of authorized investments, actuarial services, and disability determination services shall be governed by the standard of care in § 51.1-124.30 and shall not be subject to the provisions of the Virginia Public Procurement Act (§ 51.1-124.30 et seq.). 1982, c. 580, § 51-111.24:2; 1985, c. 490; 1989, c. 399; 1990, c. 832, § 51.1-116; 1991, c. 391; 1994, cc. 51.1-124.30 , 51.1-124.30 ; 2007, c. 51.1-124.30 . |