Home/Virginia/Statutes/Title 2.2: ADMINISTRATION OF GOVERNMENT/Subtitle II: ADMINISTRATION OF STATE GOVERNMENT/Ch. 44: VIRGINIA SECURITY FOR PUBLIC DEPOSITS ACT/Part B: TRANSACTION OF PUBLIC BUSINESS/§ 2.2-4408
Virginia Statutes

§ 2.2-4408 — Authority to make public deposits

Virginia § 2.2-4408
JurisdictionVirginia
Title 2.2ADMINISTRATION OF GOVERNMENT
Subtitle IIADMINISTRATION OF STATE GOVERNMENT
Ch. 44VIRGINIA SECURITY FOR PUBLIC DEPOSITS ACT
Part BTRANSACTION OF PUBLIC BUSINESS

This text of Virginia § 2.2-4408 (Authority to make public deposits) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 2.2-4408 (2026).

Text

A.All public depositors are hereby authorized to make public deposits under their control in qualified public depositories, securing such public deposits pursuant to this chapter.
B.Local officials handling public deposits in the Commonwealth may not require from a qualified public depository any pledge of collateral for their deposits in excess of the requirements of this chapter.

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Legislative History

1973, c. 172, § 2.1-367; 1980, c. 538, § 2.1-234.5; 1998, cc. 20, 21; 2001, c. 844; 2010, cc. 640, 674.

Nearby Sections

15
§ 2.2-100
Salaries of Governor and other officers; administrative assistants
§ 2.2-1000
Repealed
§ 2.2-101
Clerical forces and office expenses of Governor
§ 2.2-102
Personal staff as commander in chief
§ 2.2-103
Authority to formulate executive branch policies; chief officer for personnel administration and planning and budget
§ 2.2-104
Delegation of powers
§ 2.2-105
Appointments to office; effect of refusal to confirm by the General Assembly
§ 2.2-106
Appointment of agency heads; disclosure of resumes; severance
§ 2.2-107
Appointment of members of commissions, boards, and other collegial bodies; disclosure of resumes
§ 2.2-108
Removal of members of certain boards, commissions, etc
§ 2.2-109
Requiring appearances by officers, etc., and production of records, etc.; issuance of subpoenas and other writs; employment of accountants
§ 2.2-109.01
Signed statements required from appointees
§ 2.2-110
Officers of Commonwealth and its institutions to make reports to Governor
§ 2.2-1100
Creation of Department; appointment of Director; duties
§ 2.2-1101
Creation of internal service fund accounts
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Bluebook (online)
Virginia § 2.2-4408, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/2.2/2.2-4408.