Code of Virginia (Last Updated:July 28, 2020) |
TITLE 2.2. Administration of Government |
SUBTITLE I. Organization of State Government |
PART C. State Agencies Related to the General Operation of Government |
CHAPTER 18. Department of the Treasury |
ARTICLE 2. State Depositories |
SECTION 2.2-1816. How public moneys transferred to depositories |
All transfers of public moneys from one depository to another for any purpose shall be made by electronic funds transfer at the direction of the State Treasurer or his duly authorized deputies who shall order the transferor bank to make payment to the transferee bank for deposit to the credit of the State Treasurer. Code 1950, § 2-188; 1966, c. 677, § 2.1-219; 1974, c. 232; 2001, c. 844 . |