37.2-705 - Private funds provided for consumers. - Virginia Statutes

§ 37.2-705. Private funds provided for consumers.

A. The Commissioner is hereby authorized to provide for the deposit with thedirector or other proper officer of any state facility of any money given orprovided for the purpose of supplying extra comforts, conveniences, orservices to any consumer in a state facility and any money otherwise receivedand held from, for, or on behalf of any consumer.

B. All funds so provided or received shall be deposited to the credit of thestate facility in a special fund in a bank or banks designated by theCommissioner and shall be disbursed as may be required by the respectivedonors or, in the absence of such requirement, as directed by the director.

C. The director of each state facility shall furnish to the Commissionerannually a statement showing the amounts of funds received and deposited, theamounts expended, and the amounts remaining in such special funds at the endof the year. The Commissioner shall have authority to invest so much of theremaining funds as he may deem proper in United States government bonds orother securities authorized by law for the investment of fiduciary funds. Theinterest from these investments may be expended as a part of a welfare fundat each state facility.

D. If any consumer for whose benefit any such fund has been or shall beprovided has departed or shall depart from any state facility, leaving anyunexpended balance in such fund, and the director, in the exercise ofreasonable diligence, has been or shall be unable to find the person orpersons entitled to such unexpended balance, the Commissioner may, after thelapse of three years from the date of such departure, authorize the use ofthe balance for the benefit of all or any of the consumers then in the statefacility.

(Code 1950, §§ 37-47 to 37-50; 1950, p. 902; 1968, c. 477, §§ 37.1-29 to37.1-32; 1972, c. 639; 1976, c. 671; 1980, c. 582; 2005, c. 716.)