Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 10. Organization, Admission and Licensing of Insurers |
ARTICLE 7. Deposits |
SECTION 38.2-1058. Felony for State Treasurer to dispose of securities illegally |
If the State Treasurer disposes of any securities deposited with him under this title, other than as provided in this title, he shall be guilty of a Class 3 felony, and, upon conviction, shall be punished by a fine double the amount of the disposed securities. Code 1950, § 38-53; 1952, c. 317, § 38.1-122; 1986, c. 562. |