CODE OF VIRGINIA

KNOWING FAILURE TO DEPOSIT, TRANSFER OR MAINTAIN PATIENT TRUST FUNDS IN SEPARATE
ACCOUNT; PENALTY (§ 32.1-318)

A. Any person having any patient trust funds in his possession, custody or
control, who, knowing that he is violating any statute or regulation,
deliberately fails to deposit, transfer or maintain such funds in a separate,
designated, trust bank account as required by such statute or regulation shall
be guilty of a Class 1 misdemeanor.

B. “Patient trust funds” are funds received by any health care
facility which belong to patients and are required by any state or federal
statute or regulation to be kept in a separate trust bank account for the
benefit of such patients.

C. This section shall not be construed to prevent a prosecution pursuant to
Chapter 5 (§ 18.2-77 et seq.) of Title 18.2.

HISTORY: 1981, c. 255.