{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/51.1-150.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/51.1-150.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/51.1-150.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/51.1-150.html"}],"law_id":367076,"edition_id":2,"section_id":367076,"structure_id":52306,"section_number":"51.1-150","catch_line":"Deposits","history":"1952, c. 157, \u00a7 51-111.52; 1990, c. 832.","full_text":"For the purpose of meeting disbursements for retirement allowances and other payments, cash, not exceeding ten percent of the total amount in the accounts of the retirement system, may be kept on deposit to the credit of the State Treasurer in one or more banks or trust companies, located in Virginia, organized under the laws of Virginia or of the United States and qualified as state depositories.\n\n","order_by":null,"text":{"0":{"id":1366741,"text":"For the purpose of meeting disbursements for retirement allowances and other payments, cash, not exceeding ten percent of the total amount in the accounts of the retirement system, may be kept on deposit to the credit of the State Treasurer in one or more banks or trust companies, located in Virginia, organized under the laws of Virginia or of the United States and qualified as state depositories.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":52306,"edition_id":2,"name":"Assets of Retirement System","identifier":"8","label":"article","depth":3,"order_by":9,"parent_id":52281,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:57:21","date_modified":"2026-08-02 12:34:33","permalink":{"id":1462335,"object_type":"structure","relational_id":52306,"identifier":"8","token":"51.1\/1\/8","url":"\/51.1\/1\/8\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52281,"edition_id":2,"name":"Virginia Retirement System","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":52280,"metadata":{"child_laws":98,"child_structures":10},"date_created":"2026-08-02 02:57:03","date_modified":"2026-08-02 12:34:32","permalink":{"id":1462033,"object_type":"structure","relational_id":52281,"identifier":"1","token":"51.1\/1","url":"\/51.1\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52280,"edition_id":2,"name":"Pensions, Benefits, and Retirement","identifier":"51.1","label":"title","depth":1,"order_by":109,"parent_id":null,"metadata":{"child_laws":320,"child_structures":41},"date_created":"2026-08-02 02:57:03","date_modified":"2026-08-02 12:34:31","permalink":{"id":1462031,"object_type":"structure","relational_id":52280,"identifier":"51.1","token":"51.1","url":"\/51.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":367073,"structure_id":52306,"section_number":"51.1-147","catch_line":"Members' contribution account","url":"\/51.1-147\/","token":"51.1\/1\/8\/51.1-147","metadata":false},{"id":367074,"structure_id":52306,"section_number":"51.1-148","catch_line":"Retirement allowance account","url":"\/51.1-148\/","token":"51.1\/1\/8\/51.1-148","metadata":false},{"id":367075,"structure_id":52306,"section_number":"51.1-149","catch_line":"Appointment of custodian; payments","url":"\/51.1-149\/","token":"51.1\/1\/8\/51.1-149","metadata":false},{"id":367076,"structure_id":52306,"section_number":"51.1-150","catch_line":"Deposits","url":"\/51.1-150\/","token":"51.1\/1\/8\/51.1-150","metadata":false},{"id":367077,"structure_id":52306,"section_number":"51.1-151","catch_line":"Repealed","url":"\/51.1-151\/","token":"51.1\/1\/8\/51.1-151","metadata":false}],"previous_section":{"id":367075,"structure_id":52306,"section_number":"51.1-149","catch_line":"Appointment of custodian; payments","url":"\/51.1-149\/","token":"51.1\/1\/8\/51.1-149","metadata":false},"next_section":{"id":367077,"structure_id":52306,"section_number":"51.1-151","catch_line":"Repealed","url":"\/51.1-151\/","token":"51.1\/1\/8\/51.1-151","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/51.1-150\/","history_text":"<p>This law was first created in 1952. The record of its establishment is cataloged in chapter 157 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1952 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. 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. That modification is as follows: in 1990, chapter 832.<\/p>","references":false,"refers_to":false,"permalink":{"id":1462349,"object_type":"law","relational_id":367076,"identifier":"51.1-150","token":"51.1\/1\/8\/51.1-150","url":"\/51.1-150\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/51.1-150\/","token":"51.1\/1\/8\/51.1-150","dublin_core":{"Title":"Deposits","Type":"Text","Format":"text\/html","Identifier":"\u00a7 51.1-150","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>For the purpose of meeting disbursements for <span class=\"dictionary\">retirement allowances<\/span> and other payments, cash, not exceeding ten percent of the total amount in the accounts of the <span class=\"dictionary\">retirement system<\/span>, may be kept on deposit to the credit of the State Treasurer in one or more banks or trust companies, located in Virginia, organized under the <span class=\"dictionary\">laws<\/span> of Virginia or of the United States and qualified as state depositories.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDEPOSITS (\u00a7 51.1-150)\n\nFor the purpose of meeting disbursements for retirement allowances and other\npayments, cash, not exceeding ten percent of the total amount in the accounts of\nthe retirement system, may be kept on deposit to the credit of the State\nTreasurer in one or more banks or trust companies, located in Virginia,\norganized under the laws of Virginia or of the United States and qualified as\nstate depositories.\n\nHISTORY: 1952, c. 157, \u00a7 51-111.52; 1990, c. 832.","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"}}