CODE OF VIRGINIA DEPOSIT OF PROCEEDS (§ 33.2-1518) The proceeds of each series of Notes shall be placed by the State Treasurer in a special fund in the state treasury or may be placed with a trustee in accordance with § 33.2-1716 and shall be disbursed only for the purpose for which such series is issued. HISTORY: 2011, cc. 830, 868, § 33.1-23.21; 2014, c. 805.