CODE OF VIRGINIA

DEPOSIT OF MONEY IN BANK (§ 17.1-271)

Whenever any clerk of a court receives or collects any money for or on account
of the Commonwealth or any county, city, town or person, he shall, within a
reasonable time, deposit the same in such bank or banks selected by him to the
credit of an official account, and in the event of the failure or insolvency of
such bank, the clerk shall not be responsible for any loss of funds resulting
from such failure or insolvency.Any such officer who deposits any such money in
his personal account, knowingly intermingles any of the same with his personal
funds, or otherwise violates any of the provisions of this section shall be
deemed guilty of a misdemeanor. However, prosecution hereunder shall not
preclude criminal prosecution under any other section of this Code.

HISTORY: Code 1950, § 14-112; 1964, c. 386, § 14.1-101; 1971, Ex. Sess., c.
155; 1981, c. 152; 1993, c. 334; 1998, c. 872.