All moneys of the Authority, from whatever source derived, shall be paid to the treasurer of the Authority. Such moneys shall be deposited by the treasurer in one or more banks or trust companies, in one or more special accounts. All banks and trust companies are authorized to give security for such deposits, if required by the Authority. The moneys in the accounts shall be paid out on the warrant or other order of the treasurer of the Authority or any person authorized by the Authority to execute such warrants or orders. The Auditor of Public Accounts of the Commonwealth, and his legally authorized representatives, shall examine the accounts and books of the Authority.
1986, c. 360, § 10-158.15; 1988, c. 891.
Structure Code of Virginia
Chapter 16 - Virginia Recreational Facilities Authority Act
§ 10.1-1601. Authority created
§ 10.1-1602. Board of directors
§ 10.1-1603. Powers of Authority
§ 10.1-1604. Form, terms, and execution of bonds
§ 10.1-1605. Issuance and sale of bonds
§ 10.1-1606. Use of bond proceeds
§ 10.1-1607. Interim receipts or temporary bonds
§ 10.1-1608. Faith and credit of Commonwealth or political subdivision not pledged
§ 10.1-1609. Expenses of the Authority
§ 10.1-1610. Trust agreement securing bonds
§ 10.1-1611. Moneys received deemed trust funds
§ 10.1-1612. Proceedings by bondholder or trustee to enforce rights
§ 10.1-1613. Bonds made securities for investment and deposit
§ 10.1-1614. Revenue refunding bonds; bonds for refunding and for cost of additional projects
§ 10.1-1615. Grants or loans of public or private funds
§ 10.1-1616. Exemption from taxes or assessments
§ 10.1-1617. Moneys of Authority
§ 10.1-1618. Title to property
§ 10.1-1619. Violation of regulations
§ 10.1-1620. Appointment of special conservators of the peace
§ 10.1-1621. Conveyance or lease of park to Authority
§ 10.1-1622. Recordation of conveyances of real estate to Authority