  A new search for the decay modes of the 4-fold forbidden non-unique decay of
$^{50}$V has been performed at the Gran Sasso Underground Laboratory (LNGS). In
total an exposure of 197 kg $\times$ d has been accumulated. The half-life for
the electron capture into the first excited state of $^{50}$Ti has been
measured with the highest precision to date as $2.67_{-0.18}^{+0.16} \times
10^{17}$ yr (68% C.I.) in which systematics uncertainties dominate. The search
for the $\beta$-decay into the first excited state of $^{50}$Cr resulted in a
lower limit of ${1.9} \times 10^{19}$ yr (90% C.I.), which is an improvement of
almost one order of magnitude compared to existing results. The sensitivity of
the new measurement is now in the region of theoretical predictions.
