{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/10.1-603.30.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/10.1-603.30.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/10.1-603.30.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/10.1-603.30.html"}],"law_id":61024,"edition_id":1,"section_id":61024,"structure_id":15820,"section_number":"10.1-603.30","catch_line":"Deposit of moneys; expenditures; investments","history":"2022, cc. 739, 782.","full_text":"All moneys belonging to the Fund shall be deposited in an account or accounts in banks or trust companies organized under the laws of the Commonwealth or in national banking associations located in Virginia or in savings institutions located in Virginia organized under the laws of the Commonwealth or the United States. The money in these accounts shall be paid by electronic transfer or check signed by the Executive Director of the Authority or other officers or employees designated by the Board of Directors of the Authority. All deposits of money shall, if required by the Authority, be secured in a manner determined by the Authority to be prudent, and all banks, trust companies, and savings institutions are authorized to give security for the deposits. Money in the Fund shall not be commingled with other money of the Authority. Money in the Fund not needed for immediate use or disbursement may be invested or reinvested by the Authority in obligations or securities that are considered lawful investments for public funds under the laws of the Commonwealth. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including any appropriated funds and all principal, interest accrued, and payments at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund.","order_by":null,"text":{"0":{"id":223092,"text":"All moneys belonging to the Fund shall be deposited in an account or accounts in banks or trust companies organized under the laws of the Commonwealth or in national banking associations located in Virginia or in savings institutions located in Virginia organized under the laws of the Commonwealth or the United States. The money in these accounts shall be paid by electronic transfer or check signed by the Executive Director of the Authority or other officers or employees designated by the Board of Directors of the Authority. All deposits of money shall, if required by the Authority, be secured in a manner determined by the Authority to be prudent, and all banks, trust companies, and savings institutions are authorized to give security for the deposits. Money in the Fund shall not be commingled with other money of the Authority. Money in the Fund not needed for immediate use or disbursement may be invested or reinvested by the Authority in obligations or securities that are considered lawful investments for public funds under the laws of the Commonwealth. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including any appropriated funds and all principal, interest accrued, and payments at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15820,"edition_id":1,"name":"Resilient Virginia Revolving Fund","identifier":"1.4","label":"article","depth":4,"order_by":1,"parent_id":12894,"metadata":{},"date_created":"2026-06-26 04:00:04","date_modified":"2026-06-26 04:00:04","permalink":{"id":144391,"object_type":"structure","relational_id":15820,"identifier":"1.4","token":"10.1\/I\/6\/1.4","url":"\/10.1\/I\/6\/1.4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12894,"edition_id":1,"name":"Flood Protection and Dam Safety","identifier":"6","label":"chapter","depth":3,"order_by":1,"parent_id":12893,"metadata":{},"date_created":"2026-06-26 03:43:59","date_modified":"2026-06-26 03:43:59","permalink":{"id":144271,"object_type":"structure","relational_id":12894,"identifier":"6","token":"10.1\/I\/6","url":"\/10.1\/I\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12893,"edition_id":1,"name":"Activities Administered by the Department of Conservation and Recreation","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12740,"metadata":{},"date_created":"2026-06-26 03:43:59","date_modified":"2026-06-26 03:43:59","permalink":{"id":143315,"object_type":"structure","relational_id":12893,"identifier":"I","token":"10.1\/I","url":"\/10.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12740,"edition_id":1,"name":"Conservation","identifier":"10.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":143313,"object_type":"structure","relational_id":12740,"identifier":"10.1","token":"10.1","url":"\/10.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":71342,"structure_id":15820,"section_number":"10.1-603.28","catch_line":"Definitions","url":"\/10.1-603.28\/","token":"10.1\/I\/6\/1.4\/10.1-603.28","metadata":false},{"id":64816,"structure_id":15820,"section_number":"10.1-603.29","catch_line":"Resilient Virginia Revolving Fund","url":"\/10.1-603.29\/","token":"10.1\/I\/6\/1.4\/10.1-603.29","metadata":false},{"id":61024,"structure_id":15820,"section_number":"10.1-603.30","catch_line":"Deposit of moneys; expenditures; investments","url":"\/10.1-603.30\/","token":"10.1\/I\/6\/1.4\/10.1-603.30","metadata":false},{"id":86716,"structure_id":15820,"section_number":"10.1-603.31","catch_line":"Annual audit","url":"\/10.1-603.31\/","token":"10.1\/I\/6\/1.4\/10.1-603.31","metadata":false},{"id":81329,"structure_id":15820,"section_number":"10.1-603.32","catch_line":"Collection of money due to Fund","url":"\/10.1-603.32\/","token":"10.1\/I\/6\/1.4\/10.1-603.32","metadata":false},{"id":63968,"structure_id":15820,"section_number":"10.1-603.33","catch_line":"Loans to local governments","url":"\/10.1-603.33\/","token":"10.1\/I\/6\/1.4\/10.1-603.33","metadata":false},{"id":75447,"structure_id":15820,"section_number":"10.1-603.34","catch_line":"Grants to local governments","url":"\/10.1-603.34\/","token":"10.1\/I\/6\/1.4\/10.1-603.34","metadata":false},{"id":61826,"structure_id":15820,"section_number":"10.1-603.35","catch_line":"Loans and grants for regional projects, etc","url":"\/10.1-603.35\/","token":"10.1\/I\/6\/1.4\/10.1-603.35","metadata":false},{"id":80345,"structure_id":15820,"section_number":"10.1-603.36","catch_line":"Loans and grants to a local government for a funding program","url":"\/10.1-603.36\/","token":"10.1\/I\/6\/1.4\/10.1-603.36","metadata":false},{"id":73941,"structure_id":15820,"section_number":"10.1-603.37","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/10.1-603.37\/","token":"10.1\/I\/6\/1.4\/10.1-603.37","metadata":false},{"id":84218,"structure_id":15820,"section_number":"10.1-603.38","catch_line":"Sale of loans","url":"\/10.1-603.38\/","token":"10.1\/I\/6\/1.4\/10.1-603.38","metadata":false},{"id":66478,"structure_id":15820,"section_number":"10.1-603.39","catch_line":"Powers of the Authority","url":"\/10.1-603.39\/","token":"10.1\/I\/6\/1.4\/10.1-603.39","metadata":false},{"id":79121,"structure_id":15820,"section_number":"10.1-603.40","catch_line":"Liberal construction of article","url":"\/10.1-603.40\/","token":"10.1\/I\/6\/1.4\/10.1-603.40","metadata":false}],"previous_section":{"id":64816,"structure_id":15820,"section_number":"10.1-603.29","catch_line":"Resilient Virginia Revolving Fund","url":"\/10.1-603.29\/","token":"10.1\/I\/6\/1.4\/10.1-603.29","metadata":false},"next_section":{"id":86716,"structure_id":15820,"section_number":"10.1-603.31","catch_line":"Annual audit","url":"\/10.1-603.31\/","token":"10.1\/I\/6\/1.4\/10.1-603.31","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/10.1-603.30\/","history_text":"

This law was first created in 2022. The record of its establishment is cataloged in chapters 739<\/a> and 782<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":144401,"object_type":"law","relational_id":61024,"identifier":"10.1-603.30","token":"10.1\/I\/6\/1.4\/10.1-603.30","url":"\/10.1-603.30\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/10.1-603.30\/","token":"10.1\/I\/6\/1.4\/10.1-603.30","dublin_core":{"Title":"Deposit of moneys; expenditures; investments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 10.1-603.30","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

All moneys belonging to the Fund<\/span> shall be deposited in an account or accounts in banks or trust companies organized under the laws<\/span> of the Commonwealth or in national banking associations located in Virginia or in savings institutions located in Virginia organized under the laws<\/span> of the Commonwealth or the United States. The money in these accounts shall be paid by electronic transfer or check signed by the Executive Director<\/span> of the Authority<\/span> or other officers or employees designated by the Board of Directors<\/span> of the Authority<\/span>. All deposits of money shall, if required by the Authority<\/span>, be secured in a manner determined by the Authority<\/span> to be prudent, and all banks, trust companies, and savings institutions are authorized to give security for the deposits. Money in the Fund<\/span> shall not be commingled with other money of the Authority<\/span>. Money in the Fund<\/span> not needed for immediate use or disbursement may be invested or reinvested by the Authority<\/span> in obligations or securities that are considered lawful investments for public funds<\/span> under the laws<\/span> of the Commonwealth. Interest earned on moneys in the Fund<\/span> shall remain in the Fund<\/span> and be credited to it. Any moneys remaining in the Fund<\/span>, including any appropriated funds<\/span> and all principal, interest accrued, and payments at the end of each fiscal year shall not revert to the general fund<\/span> but shall remain in the Fund<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEPOSIT OF MONEYS; EXPENDITURES; INVESTMENTS (\u00a7 10.1-603.30)\n\nAll moneys belonging to the Fund shall be deposited in an account or accounts in\nbanks or trust companies organized under the laws of the Commonwealth or in\nnational banking associations located in Virginia or in savings institutions\nlocated in Virginia organized under the laws of the Commonwealth or the United\nStates. The money in these accounts shall be paid by electronic transfer or\ncheck signed by the Executive Director of the Authority or other officers or\nemployees designated by the Board of Directors of the Authority. All deposits of\nmoney shall, if required by the Authority, be secured in a manner determined by\nthe Authority to be prudent, and all banks, trust companies, and savings\ninstitutions are authorized to give security for the deposits. Money in the Fund\nshall not be commingled with other money of the Authority. Money in the Fund not\nneeded for immediate use or disbursement may be invested or reinvested by the\nAuthority in obligations or securities that are considered lawful investments\nfor public funds under the laws of the Commonwealth. Interest earned on moneys\nin the Fund shall remain in the Fund and be credited to it. Any moneys remaining\nin the Fund, including any appropriated funds and all principal, interest\naccrued, and payments at the end of each fiscal year shall not revert to the\ngeneral fund but shall remain in the Fund.\n\nHISTORY: 2022, cc. 739, 782.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}