Code of Virginia § 2.2-4409. Authority to secure public deposits; acceptance of liabilities and duties by public depositories.
49 words·~1 min read·
/va/title-2-2/chapter-44/2-2-4409A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All qualified public depositories are hereby authorized to secure public deposits in accordance with this chapter and shall be deemed to have accepted the liabilities and duties imposed upon it pursuant to this chapter.
1973, c. 172, § 2.1-368; 2001, c. 844 ; 2010, cc. 640 , 674 .