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Va. Code Ann. § 2.2-4516

Liability of treasurers or public depositors

1979, c. 135, § 2.1-329.1; 2001, c. 844.

When investments are made in accordance with this chapter, no treasurer or public depositor shall be liable for any loss therefrom in the absence of negligence, malfeasance, misfeasance, or nonfeasance on his part or on the part of his assistants or employees.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.