Code of Virginia § 2.2-4516. Liability of treasurers or public depositors.
51 words·~1 min read·
/va/title-2-2/chapter-45/2-2-4516A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When investments are made in accordance with this chapter, no treasurer or public depositor shall be liable for any loss therefrom in the absence of negligence, malfeasance, misfeasance, or nonfeasance on his part or on the part of his assistants or employees.
1979, c. 135, § 2.1-329.1; 2001, c. 844 .