Code of Virginia (Last Updated:July 28, 2020) |
TITLE 2.2. Administration of Government |
SUBTITLE II. Administration of State Government |
PART B. Transaction of Public Business |
CHAPTER 45. Investment of Public Funds Act |
SECTION 2.2-4516. Liability of treasurers or public depositors |
When investments are made in accordance with this chapter, no treasurer or public depositor shall be liable for any loss therefrom in the absence of negligence, malfeasance, misfeasance, or nonfeasance on his part or on the part of his assistants or employees. 1979, c. 135, § 2.1-329.1; 2001, c. 844 . |