CODE OF VIRGINIA

(EFFECTIVE OCTOBER 1, 2016) COMMONWEALTH TO BE TRUSTEE OF DONATIONS; LIABILITY
OF STATE TREASURER (§ 23.1-2218)

The Commonwealth is the trustee for the safekeeping and due application of all
funds that may be deposited in the state treasury pursuant to § 23.1-2214. The
State Treasurer and the sureties in his official bond are liable for the money
or other funds deposited, and the accounting officers of the Commonwealth shall
keep separate accounts of each such deposit in the same manner as other public
funds.

HISTORY: Code 1919, § 826, § 23-85; 2016, c. 588.