{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-1058.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-1058.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-1058.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-1058.html"}],"law_id":361203,"edition_id":2,"section_id":361203,"structure_id":51657,"section_number":"38.2-1058","catch_line":"Felony for State Treasurer to dispose of securities illegally","history":"Code 1950, \u00a7 38-53; 1952, c. 317, \u00a7 38.1-122; 1986, c. 562.","full_text":"If the State Treasurer disposes of any securities deposited with him under this title, other than as provided in this title, he shall be guilty of a Class 3 felony, and, upon conviction, shall be punished by a fine double the amount of the disposed securities.\n\n","order_by":null,"text":{"0":{"id":1344058,"text":"If the State Treasurer disposes of any securities deposited with him under this title, other than as provided in this title, he shall be guilty of a Class 3 felony, and, upon conviction, shall be punished by a fine double the amount of the disposed securities.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51657,"edition_id":2,"name":"Deposits","identifier":"7","label":"article","depth":3,"order_by":8,"parent_id":51647,"metadata":{"child_laws":14,"child_structures":0},"date_created":"2026-08-02 02:45:40","date_modified":"2026-08-02 12:32:59","permalink":{"id":1438115,"object_type":"structure","relational_id":51657,"identifier":"7","token":"38.2\/10\/7","url":"\/38.2\/10\/7\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51647,"edition_id":2,"name":"Organization, Admission and Licensing of Insurers","identifier":"10","label":"chapter","depth":2,"order_by":10,"parent_id":51644,"metadata":{"child_laws":75,"child_structures":9},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:58","permalink":{"id":1437853,"object_type":"structure","relational_id":51647,"identifier":"10","token":"38.2\/10","url":"\/38.2\/10\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361188,"structure_id":51657,"section_number":"38.2-1045","catch_line":"Deposits required of insurers generally","url":"\/38.2-1045\/","token":"38.2\/10\/7\/38.2-1045","metadata":false},{"id":361189,"structure_id":51657,"section_number":"38.2-1046","catch_line":"Purpose of deposits; enforcement of lien","url":"\/38.2-1046\/","token":"38.2\/10\/7\/38.2-1046","metadata":false},{"id":361190,"structure_id":51657,"section_number":"38.2-1047","catch_line":"How deposits applied to payment of claims; deficit to be made good","url":"\/38.2-1047\/","token":"38.2\/10\/7\/38.2-1047","metadata":false},{"id":361191,"structure_id":51657,"section_number":"38.2-1048","catch_line":"Return of deposits","url":"\/38.2-1048\/","token":"38.2\/10\/7\/38.2-1048","metadata":false},{"id":361192,"structure_id":51657,"section_number":"38.2-1049","catch_line":"Alternate deposit requirements","url":"\/38.2-1049\/","token":"38.2\/10\/7\/38.2-1049","metadata":false},{"id":361195,"structure_id":51657,"section_number":"38.2-1050","catch_line":"Voluntary deposit in excess of amount required","url":"\/38.2-1050\/","token":"38.2\/10\/7\/38.2-1050","metadata":false},{"id":361196,"structure_id":51657,"section_number":"38.2-1051","catch_line":"Repealed","url":"\/38.2-1051\/","token":"38.2\/10\/7\/38.2-1051","metadata":false},{"id":361197,"structure_id":51657,"section_number":"38.2-1052","catch_line":"Exchange of securities","url":"\/38.2-1052\/","token":"38.2\/10\/7\/38.2-1052","metadata":false},{"id":361198,"structure_id":51657,"section_number":"38.2-1053","catch_line":"Interest on deposits; to whom paid","url":"\/38.2-1053\/","token":"38.2\/10\/7\/38.2-1053","metadata":false},{"id":361199,"structure_id":51657,"section_number":"38.2-1054","catch_line":"Duty of State Treasurer when securities deposited are paid","url":"\/38.2-1054\/","token":"38.2\/10\/7\/38.2-1054","metadata":false},{"id":361200,"structure_id":51657,"section_number":"38.2-1055","catch_line":"Annual report of State Treasurer to Commission","url":"\/38.2-1055\/","token":"38.2\/10\/7\/38.2-1055","metadata":false},{"id":361201,"structure_id":51657,"section_number":"38.2-1056","catch_line":"Treasurer to receipt for deposits; responsibility of Commonwealth; taxation of deposited bonds","url":"\/38.2-1056\/","token":"38.2\/10\/7\/38.2-1056","metadata":false},{"id":361202,"structure_id":51657,"section_number":"38.2-1057","catch_line":"Assessment for expense of holding deposits; Insurance Collateral Assessment Fund","url":"\/38.2-1057\/","token":"38.2\/10\/7\/38.2-1057","metadata":false},{"id":361203,"structure_id":51657,"section_number":"38.2-1058","catch_line":"Felony for State Treasurer to dispose of securities illegally","url":"\/38.2-1058\/","token":"38.2\/10\/7\/38.2-1058","metadata":false}],"previous_section":{"id":361202,"structure_id":51657,"section_number":"38.2-1057","catch_line":"Assessment for expense of holding deposits; Insurance Collateral Assessment Fund","url":"\/38.2-1057\/","token":"38.2\/10\/7\/38.2-1057","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1058\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":1438169,"object_type":"law","relational_id":361203,"identifier":"38.2-1058","token":"38.2\/10\/7\/38.2-1058","url":"\/38.2-1058\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-1058\/","token":"38.2\/10\/7\/38.2-1058","dublin_core":{"Title":"Felony for State Treasurer to dispose of securities illegally","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1058","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>If the <span class=\"dictionary\">State<\/span> Treasurer disposes of any securities deposited with him under this title, other than as provided in this title, he shall be guilty of a Class 3 <span class=\"dictionary\">felony<\/span>, and, upon <span class=\"dictionary\">conviction<\/span>, shall be punished by a fine double the amount of the disposed securities.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nFELONY FOR STATE TREASURER TO DISPOSE OF SECURITIES ILLEGALLY (\u00a7 38.2-1058)\n\nIf the State Treasurer disposes of any securities deposited with him under this\ntitle, other than as provided in this title, he shall be guilty of a Class 3\nfelony, and, upon conviction, shall be punished by a fine double the amount of\nthe disposed securities.\n\nHISTORY: Code 1950, \u00a7 38-53; 1952, c. 317, \u00a7 38.1-122; 1986, c. 562.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}