{"law_id":"774191","section_number":"2.2-4516","catch_line":"Liability of treasurers or public depositors","history":"1979, c. 135, \u00a7 2.1-329.1; 2001, c. 844.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/2.2-4516\/","refers_to":false,"url":"\/2.2-4516\/","token":"2.2\/II\/B\/45\/2.2-4516","structure":{"1":{"id":"1504","name":"Investment Of Public Funds Act","identifier":"45","label":"chapter","url":"\/2.2\/II\/B\/45\/"},"2":{"id":"343","name":"Transaction Of Public Business","identifier":"B","label":"part","url":"\/2.2\/II\/B\/"},"3":{"id":"342","name":"Administration Of State Government","identifier":"II","label":"subtitle","url":"\/2.2\/II\/"},"4":{"id":"74","name":"Administration Of Government","identifier":"2.2","label":"title","url":"\/2.2\/"}},"referred_to_by":[{"id":"786301","section_number":"2.2-4518","catch_line":"Investment of funds in deposits","url":"\/2.2-4518\/"}],"edition_id":"11","section_id":"774191","structure_id":"1504","full_text":"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.","text":{"0":{"id":"2496333","text":"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.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":{"1":{"id":"1504","name":"Investment Of Public Funds Act","identifier":"45","label":"chapter","url":"\/2.2\/II\/B\/45\/"},"2":{"id":"343","name":"Transaction Of Public Business","identifier":"B","label":"part","url":"\/2.2\/II\/B\/"},"3":{"id":"342","name":"Administration Of State Government","identifier":"II","label":"subtitle","url":"\/2.2\/II\/"},"4":{"id":"74","name":"Administration Of Government","identifier":"2.2","label":"title","url":"\/2.2\/"}},"structure_contents":{"0":{"id":"791960","structure_id":"1504","section_number":"2.2-4500","catch_line":"Legal investments for public sinking funds","url":"\/2.2-4500\/","token":"2.2\/II\/B\/45\/2.2-4500"},"1":{"id":"767395","structure_id":"1504","section_number":"2.2-4501","catch_line":"Legal investments for other public funds","url":"\/2.2-4501\/","token":"2.2\/II\/B\/45\/2.2-4501"},"2":{"id":"793473","structure_id":"1504","section_number":"2.2-4502","catch_line":"Investment of funds of Commonwealth, political subdivisions, and public bodies in \"prime quality\" commercial paper","url":"\/2.2-4502\/","token":"2.2\/II\/B\/45\/2.2-4502"},"3":{"id":"781210","structure_id":"1504","section_number":"2.2-4503","catch_line":"Investments by Fairfax County finance director [Not set out.]","url":"\/2.2-4503\/","token":"2.2\/II\/B\/45\/2.2-4503"},"4":{"id":"778229","structure_id":"1504","section_number":"2.2-4504","catch_line":"Investment of funds by the Commonwealth and political subdivisions in bankers' acceptances","url":"\/2.2-4504\/","token":"2.2\/II\/B\/45\/2.2-4504"},"5":{"id":"771794","structure_id":"1504","section_number":"2.2-4505","catch_line":"Investment in certificates representing ownership of treasury bond principal at maturity or its coupons for accrued periods","url":"\/2.2-4505\/","token":"2.2\/II\/B\/45\/2.2-4505"},"6":{"id":"767479","structure_id":"1504","section_number":"2.2-4506","catch_line":"Securities lending","url":"\/2.2-4506\/","token":"2.2\/II\/B\/45\/2.2-4506"},"7":{"id":"786733","structure_id":"1504","section_number":"2.2-4507","catch_line":"Investment of funds in overnight, term and open repurchase agreements","url":"\/2.2-4507\/","token":"2.2\/II\/B\/45\/2.2-4507"},"8":{"id":"786587","structure_id":"1504","section_number":"2.2-4508","catch_line":"Investment of certain public moneys in certain mutual funds","url":"\/2.2-4508\/","token":"2.2\/II\/B\/45\/2.2-4508"},"9":{"id":"785939","structure_id":"1504","section_number":"2.2-4509","catch_line":"Investment of funds in negotiable certificates of deposit and negotiable bank deposit notes","url":"\/2.2-4509\/","token":"2.2\/II\/B\/45\/2.2-4509"},"10":{"id":"787666","structure_id":"1504","section_number":"2.2-4510","catch_line":"Investment of funds in corporate notes","url":"\/2.2-4510\/","token":"2.2\/II\/B\/45\/2.2-4510"},"11":{"id":"766496","structure_id":"1504","section_number":"2.2-4511","catch_line":"Investment of funds in asset-backed securities","url":"\/2.2-4511\/","token":"2.2\/II\/B\/45\/2.2-4511"},"12":{"id":"771529","structure_id":"1504","section_number":"2.2-4512","catch_line":"Investment of funds by State Treasurer in obligations of foreign sovereign governments","url":"\/2.2-4512\/","token":"2.2\/II\/B\/45\/2.2-4512"},"13":{"id":"793919","structure_id":"1504","section_number":"2.2-4513","catch_line":"Investments by transportation commissions","url":"\/2.2-4513\/","token":"2.2\/II\/B\/45\/2.2-4513"},"14":{"id":"772339","structure_id":"1504","section_number":"2.2-4514","catch_line":"Commonwealth and its political subdivisions as trustee of public funds; standard of care in investing such funds","url":"\/2.2-4514\/","token":"2.2\/II\/B\/45\/2.2-4514"},"15":{"id":"793009","structure_id":"1504","section_number":"2.2-4515","catch_line":"Collateral and safekeeping arrangements","url":"\/2.2-4515\/","token":"2.2\/II\/B\/45\/2.2-4515"},"16":{"id":"774191","structure_id":"1504","section_number":"2.2-4516","catch_line":"Liability of treasurers or public depositors","url":"\/2.2-4516\/","token":"2.2\/II\/B\/45\/2.2-4516"},"17":{"id":"796121","structure_id":"1504","section_number":"2.2-4517","catch_line":"Contracts on interest rates, currency, cash flow or on other basis","url":"\/2.2-4517\/","token":"2.2\/II\/B\/45\/2.2-4517"},"18":{"id":"786301","structure_id":"1504","section_number":"2.2-4518","catch_line":"Investment of funds in deposits","url":"\/2.2-4518\/","token":"2.2\/II\/B\/45\/2.2-4518"},"19":{"id":"776698","structure_id":"1504","section_number":"2.2-4519","catch_line":"Investment of funds by the Virginia Housing Development Authority and the Virginia Resources Authority","url":"\/2.2-4519\/","token":"2.2\/II\/B\/45\/2.2-4519"}},"previous_section":{"id":"793009","structure_id":"1504","section_number":"2.2-4515","catch_line":"Collateral and safekeeping arrangements","url":"\/2.2-4515\/","token":"2.2\/II\/B\/45\/2.2-4515"},"next_section":{"id":"796121","structure_id":"1504","section_number":"2.2-4517","catch_line":"Contracts on interest rates, currency, cash flow or on other basis","url":"\/2.2-4517\/","token":"2.2\/II\/B\/45\/2.2-4517"},"references":false,"formats":{"txt":"\/2.2-4516.txt","json":"\/2.2-4516.json","xml":"\/2.2-4516.xml"},"dublin_core":{"Title":"Liability of treasurers or public depositors","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-4516","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nLIABILITY OF TREASURERS OR PUBLIC DEPOSITORS (\u00a7 2.2-4516)\n\nWhen investments are made in accordance with this chapter, no treasurer or\npublic depositor shall be liable for any loss therefrom in the absence of\nnegligence, malfeasance, misfeasance, or nonfeasance on his part or on the part\nof his assistants or employees.\n\nHISTORY: 1979, c. 135, \u00a7 2.1-329.1; 2001, c. 844."}