{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-2214.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-2214.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-2214.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-2214.html"}],"law_id":59579,"edition_id":1,"section_id":59579,"structure_id":14146,"section_number":"33.2-2214","catch_line":"Trust funds","history":"1956, c. 714; 2014, c. 805.","full_text":"All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The resolution authorizing the bonds of any issue or the trust indenture securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys are deposited shall act as trustee of such moneys and shall hold and apply the moneys for the purposes provided in this chapter, subject to such regulations as this chapter and such resolution or trust indenture may provide.","order_by":null,"text":{"0":{"id":218251,"text":"All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The resolution authorizing the bonds of any issue or the trust indenture securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys are deposited shall act as trustee of such moneys and shall hold and apply the moneys for the purposes provided in this chapter, subject to such regulations as this chapter and such resolution or trust indenture may provide.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14146,"edition_id":1,"name":"Chesapeake Bay Bridge and Tunnel District and Commission","identifier":"22","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 03:47:02","date_modified":"2026-06-26 03:47:02","permalink":{"id":207253,"object_type":"structure","relational_id":14146,"identifier":"22","token":"33.2\/IV\/22","url":"\/33.2\/IV\/22\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12807,"edition_id":1,"name":"Local and Regional Transportation","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":206943,"object_type":"structure","relational_id":12807,"identifier":"IV","token":"33.2\/IV","url":"\/33.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":64389,"structure_id":14146,"section_number":"33.2-2200","catch_line":"Definitions","url":"\/33.2-2200\/","token":"33.2\/IV\/22\/33.2-2200","metadata":false},{"id":62098,"structure_id":14146,"section_number":"33.2-2201","catch_line":"Chesapeake Bay Bridge and Tunnel District","url":"\/33.2-2201\/","token":"33.2\/IV\/22\/33.2-2201","metadata":false},{"id":62080,"structure_id":14146,"section_number":"33.2-2202","catch_line":"Chesapeake Bay Bridge and Tunnel Commission","url":"\/33.2-2202\/","token":"33.2\/IV\/22\/33.2-2202","metadata":false},{"id":62956,"structure_id":14146,"section_number":"33.2-2203","catch_line":"General powers of the Commission","url":"\/33.2-2203\/","token":"33.2\/IV\/22\/33.2-2203","metadata":false},{"id":80729,"structure_id":14146,"section_number":"33.2-2204","catch_line":"Additional powers of the Commission","url":"\/33.2-2204\/","token":"33.2\/IV\/22\/33.2-2204","metadata":false},{"id":55300,"structure_id":14146,"section_number":"33.2-2205","catch_line":"Regulations of the Commission; enforcement","url":"\/33.2-2205\/","token":"33.2\/IV\/22\/33.2-2205","metadata":false},{"id":67672,"structure_id":14146,"section_number":"33.2-2206","catch_line":"Acquisition of property","url":"\/33.2-2206\/","token":"33.2\/IV\/22\/33.2-2206","metadata":false},{"id":70320,"structure_id":14146,"section_number":"33.2-2207","catch_line":"Consent of Commonwealth to use subaqueous soil of the Chesapeake Bay","url":"\/33.2-2207\/","token":"33.2\/IV\/22\/33.2-2207","metadata":false},{"id":82469,"structure_id":14146,"section_number":"33.2-2208","catch_line":"Revenue bonds","url":"\/33.2-2208\/","token":"33.2\/IV\/22\/33.2-2208","metadata":false},{"id":81031,"structure_id":14146,"section_number":"33.2-2209","catch_line":"Bonds not to constitute a debt or pledge of taxing power","url":"\/33.2-2209\/","token":"33.2\/IV\/22\/33.2-2209","metadata":false},{"id":75477,"structure_id":14146,"section_number":"33.2-2210","catch_line":"Trust indenture","url":"\/33.2-2210\/","token":"33.2\/IV\/22\/33.2-2210","metadata":false},{"id":77189,"structure_id":14146,"section_number":"33.2-2211","catch_line":"Revenues","url":"\/33.2-2211\/","token":"33.2\/IV\/22\/33.2-2211","metadata":false},{"id":67033,"structure_id":14146,"section_number":"33.2-2212","catch_line":"Cessation of tolls","url":"\/33.2-2212\/","token":"33.2\/IV\/22\/33.2-2212","metadata":false},{"id":63797,"structure_id":14146,"section_number":"33.2-2213","catch_line":"Transfer to Commonwealth","url":"\/33.2-2213\/","token":"33.2\/IV\/22\/33.2-2213","metadata":false},{"id":59579,"structure_id":14146,"section_number":"33.2-2214","catch_line":"Trust funds","url":"\/33.2-2214\/","token":"33.2\/IV\/22\/33.2-2214","metadata":false},{"id":68200,"structure_id":14146,"section_number":"33.2-2215","catch_line":"Remedies","url":"\/33.2-2215\/","token":"33.2\/IV\/22\/33.2-2215","metadata":false},{"id":77092,"structure_id":14146,"section_number":"33.2-2216","catch_line":"Governmental function; exemption from taxation","url":"\/33.2-2216\/","token":"33.2\/IV\/22\/33.2-2216","metadata":false},{"id":61127,"structure_id":14146,"section_number":"33.2-2217","catch_line":"Repealed","url":"\/33.2-2217\/","token":"33.2\/IV\/22\/33.2-2217","metadata":false},{"id":74809,"structure_id":14146,"section_number":"33.2-2218","catch_line":"Bonds eligible for investment","url":"\/33.2-2218\/","token":"33.2\/IV\/22\/33.2-2218","metadata":false},{"id":66504,"structure_id":14146,"section_number":"33.2-2219","catch_line":"Protection from competition","url":"\/33.2-2219\/","token":"33.2\/IV\/22\/33.2-2219","metadata":false},{"id":78912,"structure_id":14146,"section_number":"33.2-2220","catch_line":"Miscellaneous; penalties","url":"\/33.2-2220\/","token":"33.2\/IV\/22\/33.2-2220","metadata":false},{"id":82911,"structure_id":14146,"section_number":"33.2-2221","catch_line":"Liberal construction","url":"\/33.2-2221\/","token":"33.2\/IV\/22\/33.2-2221","metadata":false},{"id":69051,"structure_id":14146,"section_number":"33.2-2222","catch_line":"Repealed","url":"\/33.2-2222\/","token":"33.2\/IV\/22\/33.2-2222","metadata":false}],"previous_section":{"id":63797,"structure_id":14146,"section_number":"33.2-2213","catch_line":"Transfer to Commonwealth","url":"\/33.2-2213\/","token":"33.2\/IV\/22\/33.2-2213","metadata":false},"next_section":{"id":68200,"structure_id":14146,"section_number":"33.2-2215","catch_line":"Remedies","url":"\/33.2-2215\/","token":"33.2\/IV\/22\/33.2-2215","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-2214\/","history_text":"

This law was first created in 1956. The record of its establishment is cataloged in chapter 714 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. Unfortunately, the 1956 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2014, chapter 805<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":207311,"object_type":"law","relational_id":59579,"identifier":"33.2-2214","token":"33.2\/IV\/22\/33.2-2214","url":"\/33.2-2214\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-2214\/","token":"33.2\/IV\/22\/33.2-2214","dublin_core":{"Title":"Trust funds","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-2214","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds<\/span><\/span> or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The resolution authorizing the bonds<\/span><\/span> of any issue<\/span> or the trust indenture securing such bonds<\/span><\/span> shall provide that any officer with whom, or any bank or trust company with which, such moneys are deposited shall act as trustee of such moneys and shall hold and apply the moneys for the purposes provided in this chapter, subject to such regulations as this chapter and such resolution or trust indenture may provide.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTRUST FUNDS (\u00a7 33.2-2214)\n\nAll moneys received pursuant to the authority of this chapter, whether as\nproceeds from the sale of bonds or as revenues, shall be deemed to be trust\nfunds to be held and applied solely as provided in this chapter. The resolution\nauthorizing the bonds of any issue or the trust indenture securing such bonds\nshall provide that any officer with whom, or any bank or trust company with\nwhich, such moneys are deposited shall act as trustee of such moneys and shall\nhold and apply the moneys for the purposes provided in this chapter, subject to\nsuch regulations as this chapter and such resolution or trust indenture may\nprovide.\n\nHISTORY: 1956, c. 714; 2014, c. 805.","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}}