All qualified public depositories are hereby authorized to secure public deposits in accordance with this chapter and shall be deemed to have accepted the liabilities and duties imposed upon it pursuant to this chapter.
Va. Code Ann. § 2.2-4409
Authority to secure public deposits; acceptance of liabilities and duties by public depositories
Known as the Virginia Security for Public Deposits Act
The act spans §§ 2–2 (12 sections).
1973, c. 172, § 2.1-368; 2001, c. 844; 2010, cc. 640, 674.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.