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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>58988</law_id><section_number>2.2-4409</section_number><catch_line>Authority to secure public deposits; acceptance of liabilities and duties by public depositories</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="2.2">Administration of Government</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Administration of State Government</unit><unit label="part" level="3" order_by="1" identifier="B">Transaction of Public Business</unit><unit label="chapter" level="4" order_by="1" identifier="44">Virginia Security for Public Deposits Act</unit></structure><text>
						<section><p>All qualified public depositories are hereby authorized to secure <span class="dictionary">public deposits</span> in accordance with this chapter and shall be deemed to have accepted the liabilities and duties imposed upon it pursuant to this chapter.</p></section></text><history>1973, c. 172, &#xA7; 2.1-368; 2001, c. 844; 2010, cc. 640, 674.</history><metadata></metadata></law>
