7741912.2-4516Virginia Decodedhttps://vacode.org2016Administration Of GovernmentAdministration Of State GovernmentTransaction Of Public BusinessInvestment Of Public Funds ActLiability of treasurers or public depositors1979, c. 135, § 2.1-329.1; 2001, c. 844.http://law.lis.virginia.gov/vacode/2.2-4516//2.2-4516/2.2/II/B/45/2.2-4516

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.section

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