58.1-3162 - Disbursement of money deposited. - Virginia Statutes

§ 58.1-3162. Disbursement of money deposited.

A. Money deposited under the provisions of this article shall be disbursedonly upon checks signed by the county treasurer and drawn in payment oflawfully issued and properly drawn orders or warrants and lawfully issued andproperly drawn and matured bonds, notes or other obligations of the county,for the payment of which funds are available.

B. This section shall not be construed as preventing any county treasurer orhis duly authorized deputy from (i) transferring, by check or wire transfer,money from one approved depository to another, (ii) from settling with theCommonwealth, without an order from the governing body of his county, forstate revenues or other items collected and remittable by him to the StateTreasurer, or (iii) from paying to the State Treasurer without an order fromthe board of supervisors or other governing body of his county, any amount oramounts pursuant to provisions of law.

C. Any governing body may require that checks issued pursuant to theprovisions of this section be countersigned and may appoint such person orpersons as it may desire for the purpose.

D. This section shall not be construed as imposing upon any depository anyobligation to determine whether any check issued pursuant to the provisionsof this section was issued for any purpose or purposes other than thosespecified herein or as imposing any liability upon any such depository forpaying any check so issued.

E. The treasurer may, with the approval of the governing body, by resolutionentered of record on the minute book of the board, authorize one or more ofhis deputies to sign any such checks whenever the necessity therefor shallarise by reason of the sickness or unavoidable absence of the treasurer orhis inability to sign such checks for any other reason.

(Code 1950, § 58-951; 1960, c. 526; 1978, c. 25; 1984, c. 675.)