                                 CODE OF VIRGINIA

FISCAL AGENTS OF CERTAIN SCHOOL DIVISIONS (§ 22.1-117)

The fiscal agent for the school board of a school division composed of part or
all of more than one county or city shall be the treasurer of one of the
participating counties or cities, as agreed upon by the division school board
and the governing bodies. In the event agreement on the selection of a fiscal
agent cannot be reached, the Board of Education shall designate such fiscal
agent. For his services as fiscal agent, the treasurer shall be paid such salary
as the school board and treasurer may agree upon. In the event the school board
and the treasurer so designated cannot agree on such compensation, the amount of
salary to be paid shall be determined by a court of competent jurisdiction. The
amount so fixed by the court shall be binding upon both the treasurer and the
school board. Nothing contained in this section shall affect the regular salary
or expense allowance of the treasurer as fixed annually by the State
Compensation Board.

HISTORY: Code 1950, § 22-100.10; 1954, c. 391; 1980, c. 559.