§ 33.2-1913 Funds of commission
A. All moneys of a commission, whether derived from any contract of the commission or from any other source, shall be collected, received, held, secured, and disbursed in accordance with any relevant contract of the commission. This section shall apply to such moneys only if and to the extent they are consistent with such commission contracts.
B. Such moneys shall not be required to be paid into the state treasury or into the treasury or to any officer of any county or city.
C. All such moneys shall be deposited by the commission in a separate bank account, appropriately designated, in banks or trust companies designated by the commission.
History
This law was first created in 1964. The record of its establishment is cataloged in chapter 631 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1964 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1997, chapter 587; in 2014, chapter 805.
1964, c. 631, § 15.1-1355; 1997, c. 587, § 15.1-4513; 2014, c. 805.