15.2-4513 - Funds of commission. - Virginia Statutes

§ 15.2-4513. Funds of commission.

A. All moneys of a commission, whether derived from any contract of thecommission or from any other source, shall be collected, received, held,secured and disbursed in accordance with any relevant contract of thecommission. This section shall apply to such moneys only if and to the extentthey are consistent with such commission contracts.

B. Such moneys shall not be required to be paid into the state treasury orinto the treasury or to any officer of any county or city.

C. All such moneys shall be deposited by the commission in a separate bankaccount, appropriately designated, in banks or trust companies designated bythe commission.

(1964, c. 631, § 15.1-1355; 1997, c. 587.)