A. The director of finance shall also exercise the powers conferred and perform all the duties imposed by general law upon county treasurers, and shall be subject to the obligations and penalties imposed by general law. All moneys received by any county officer or employee for or in connection with the business of the county shall be paid promptly into the hands of the director of finance. All such money shall be promptly deposited by the director of finance to the credit of the county in such banks or trust companies as the board selects. No money shall be disbursed or paid out by the county except upon check signed by the chairman of the board, or other person the board designates, and countersigned by the director of the department of finance or by an electronic fund wire or payment system, or by any means deemed appropriate and sound by the director of finance and approved by the board drawn upon a warrant issued by the board. If any money is knowingly paid otherwise than upon the director of finance's check, electronic fund wire or payment system or by alternative means specifically approved by the director of finance and the urban county board of supervisors, drawn upon such warrant, this payment shall be invalid against the county.
B. The board may designate one or more banks or trust companies as a receiving or collecting agency under the direction of the department of finance. All funds so collected or received shall be deposited to the credit of the county in such banks or trust companies as the board selects.
C. Every bank or trust company serving as a depository or as a receiving or collecting agency for county funds shall be required by the board to give adequate security therefor, and to meet such interest requirements as the board establishes by ordinance or resolution. All interest on money so deposited shall accrue to the county's benefit. The director of finance or his authorized deputies may transfer funds from one such depository to another by wire.
Code 1950, § 15-384.53; 1960, c. 382; 1962, c. 623, § 15.1-766; 1972, c. 456; 1982, c. 647; 1987, c. 419; 1997, c. 587.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 8 - Urban County Executive Form of Government
§ 15.2-800. Designation of form of government; applicability of chapter
§ 15.2-801. Adoption of urban county executive form
§ 15.2-803. General powers of board of supervisors
§ 15.2-805. Tenure of county executive; suspension or removal
§ 15.2-806. Absence or disability of county executive
§ 15.2-808. Tenure of county officers and employees; suspension or removal
§ 15.2-809. Compensation of officers and employees
§ 15.2-810. Restrictions on activities of former officers and employees
§ 15.2-811. Powers and duties of county executive
§ 15.2-812. County executive may act as director or head of department
§ 15.2-813. Certain officers not affected by adoption of plan
§ 15.2-814. Inquiries and investigations by board of supervisors
§ 15.2-816. Maintenance of certain sewer lines
§ 15.2-818. City may petition to become part of county
§ 15.2-819. Demolition of historic structures; civil penalty
§ 15.2-820. Donations to legal entities owning recreational facilities
§ 15.2-822. Designation of officer or employee to exercise power or perform duty
§ 15.2-823. Departments and commissions of county government
§ 15.2-824. Appointment of members of certain boards, authorities and commissions
§ 15.2-825. Committee for legislative audit and review
§ 15.2-826. Department of finance; director; general duties
§ 15.2-827. Same; expenditures and accounts
§ 15.2-828. Same; powers of commissioners of revenue; real estate assessments
§ 15.2-829. Same; powers of county treasurer; deposit of moneys
§ 15.2-830. Same; claims against counties; accounts
§ 15.2-831. Same; director as purchasing agent
§ 15.2-833. Same; obligations of chief assessing officer
§ 15.2-834. Department of public works
§ 15.2-835. Department and board of social services
§ 15.2-836. Department of law enforcement
§ 15.2-836.1. Animal protection police officer
§ 15.2-837. Department of education
§ 15.2-838. Department of records
§ 15.2-839. Department and board of health
§ 15.2-840. Department of assessments
§ 15.2-841. Department of farm and home demonstration
§ 15.2-842. Department of public safety
§ 15.2-843. Department of public utilities
§ 15.2-844. Examination and audit of books and accounts
§ 15.2-845. Schedule of compensation
§ 15.2-846. Salaries and expenses of board members; administrative staff
§ 15.2-847. Budget; board to fix salaries and allowances
§ 15.2-848. Compensation of officers and employees; fee system abolished
§ 15.2-849. Establishing times and conditions of employment; personnel management, etc.
§ 15.2-851. Expedited land development review procedure
§ 15.2-851.1. Optional provisions of a subdivision ordinance
§ 15.2-852. Disclosures in land use proceedings
§ 15.2-853. Commission on human rights; human rights ordinance
§ 15.2-856. Changes in boundaries of districts
§ 15.2-857. Judicial review; mandamus
§ 15.2-858. Creation, enlargement, contraction, etc., of sanitary districts