                                 CODE OF VIRGINIA

MONEY RECEIVED TO BE DEPOSITED (§ 58.1-3149)

All money received by a treasurer for the account of either the Commonwealth or
the treasurer&#8217;s county or city shall be deposited intact by the treasurer
as promptly as practical after its receipt in a bank or savings institution
authorized to act as depository therefor. All deposits made pursuant to this
provision shall be made in the name of the treasurer&#8217;s county or city. The
treasurer may designate any bank or savings and loan association authorized to
act as a depository to receive any payments due to the county or city directly,
either through a processing facility or through a branch office.

HISTORY: Code 1950, § 58-939; 1975, c. 20; 1984, c. 675; 1992, c. 683; 1996, c.
77.