{"law_id":"782018","section_number":"2.2-1814","catch_line":"Amount and time limit of deposits","history":"Code 1950, \u00a7 2-178; 1966, c. 677, \u00a7 2.1-210; 1971, Ex. Sess., cc. 139, 245; 1974, c. 517; 1978, c. 52; 1979, c. 215; 1984, c. 374; 1990, c. 3; 1996, c. 77; 2001, c. 844.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/2.2-1814\/","refers_to":[{"id":"766778","section_number":"2.2-4401","catch_line":"Definitions","url":"\/2.2-4401\/"}],"url":"\/2.2-1814\/","token":"2.2\/I\/C\/18\/2\/2.2-1814","structure":{"1":{"id":"2203","name":"State Depositories","identifier":"2","label":"article","url":"\/2.2\/I\/C\/18\/2\/"},"2":{"id":"821","name":"Department Of The Treasury","identifier":"18","label":"chapter","url":"\/2.2\/I\/C\/18\/"},"3":{"id":"149","name":"State Agencies Related To The General Operation Of Government","identifier":"C","label":"part","url":"\/2.2\/I\/C\/"},"4":{"id":"75","name":"Organization Of State Government","identifier":"I","label":"subtitle","url":"\/2.2\/I\/"},"5":{"id":"74","name":"Administration Of Government","identifier":"2.2","label":"title","url":"\/2.2\/"}},"referred_to_by":[{"id":"787947","section_number":"2.2-4400","catch_line":"Short title; declaration of intent; applicability","url":"\/2.2-4400\/"}],"edition_id":"11","section_id":"782018","structure_id":"2203","full_text":"The State Treasurer may arrange for and make state deposits in such amounts and for such time as in his judgment the condition of the state treasury permits; however, no state deposit shall be made for a period in excess of five years. The money deposited in a bank or savings institution in excess of the amount insured by the Federal Deposit Insurance Corporation or other federal insurance agency shall be fully collateralized by eligible collateral as defined in \u00a7 2.2-4401.","text":{"0":{"id":"2522126","text":"The State Treasurer may arrange for and make state deposits in such amounts and for such time as in his judgment the condition of the state treasury permits; however, no state deposit shall be made for a period in excess of five years. The money deposited in a bank or savings institution in excess of the amount insured by the Federal Deposit Insurance Corporation or other federal insurance agency shall be fully collateralized by eligible collateral as defined in \u00a7 2.2-4401.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"2203","name":"State Depositories","identifier":"2","label":"article","url":"\/2.2\/I\/C\/18\/2\/"},"2":{"id":"821","name":"Department Of The Treasury","identifier":"18","label":"chapter","url":"\/2.2\/I\/C\/18\/"},"3":{"id":"149","name":"State Agencies Related To The General Operation Of Government","identifier":"C","label":"part","url":"\/2.2\/I\/C\/"},"4":{"id":"75","name":"Organization Of State Government","identifier":"I","label":"subtitle","url":"\/2.2\/I\/"},"5":{"id":"74","name":"Administration Of Government","identifier":"2.2","label":"title","url":"\/2.2\/"}},"structure_contents":{"0":{"id":"772513","structure_id":"2203","section_number":"2.2-1813","catch_line":"Deposits in banks and savings institutions designated as state depositories","url":"\/2.2-1813\/","token":"2.2\/I\/C\/18\/2\/2.2-1813"},"1":{"id":"782018","structure_id":"2203","section_number":"2.2-1814","catch_line":"Amount and time limit of deposits","url":"\/2.2-1814\/","token":"2.2\/I\/C\/18\/2\/2.2-1814"},"2":{"id":"782113","structure_id":"2203","section_number":"2.2-1815","catch_line":"Security to be given by depositories holding state funds","url":"\/2.2-1815\/","token":"2.2\/I\/C\/18\/2\/2.2-1815"},"3":{"id":"779627","structure_id":"2203","section_number":"2.2-1816","catch_line":"How public moneys transferred to depositories","url":"\/2.2-1816\/","token":"2.2\/I\/C\/18\/2\/2.2-1816"},"4":{"id":"780752","structure_id":"2203","section_number":"2.2-1817","catch_line":"Commonwealth shall not be liable for loss in collection of checks, etc","url":"\/2.2-1817\/","token":"2.2\/I\/C\/18\/2\/2.2-1817"},"5":{"id":"768160","structure_id":"2203","section_number":"2.2-1818","catch_line":"Responsibility of Commonwealth for securities deposited with Commonwealth Transportation Board","url":"\/2.2-1818\/","token":"2.2\/I\/C\/18\/2\/2.2-1818"}},"previous_section":{"id":"772513","structure_id":"2203","section_number":"2.2-1813","catch_line":"Deposits in banks and savings institutions designated as state depositories","url":"\/2.2-1813\/","token":"2.2\/I\/C\/18\/2\/2.2-1813"},"next_section":{"id":"782113","structure_id":"2203","section_number":"2.2-1815","catch_line":"Security to be given by depositories holding state funds","url":"\/2.2-1815\/","token":"2.2\/I\/C\/18\/2\/2.2-1815"},"references":false,"formats":{"txt":"\/2.2-1814.txt","json":"\/2.2-1814.json","xml":"\/2.2-1814.xml"},"dublin_core":{"Title":"Amount and time limit of deposits","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-1814","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nAMOUNT AND TIME LIMIT OF DEPOSITS (\u00a7 2.2-1814)\n\nThe State Treasurer may arrange for and make state deposits in such amounts and\nfor such time as in his judgment the condition of the state treasury permits;\nhowever, no state deposit shall be made for a period in excess of five years.\nThe money deposited in a bank or savings institution in excess of the amount\ninsured by the Federal Deposit Insurance Corporation or other federal insurance\nagency shall be fully collateralized by eligible collateral as defined in \u00a7\n2.2-4401.\n\nHISTORY: Code 1950, \u00a7 2-178; 1966, c. 677, \u00a7 2.1-210; 1971, Ex. Sess., cc.\n139, 245; 1974, c. 517; 1978, c. 52; 1979, c. 215; 1984, c. 374; 1990, c. 3;\n1996, c. 77; 2001, c. 844."}