A. The State Treasurer shall keep a record of every such check, draft, or electronic transfer of funds, and of all such moneys received by him, and upon receipt shall cause the same to be placed to the credit of the Commonwealth with some state depository. If any check or draft is not paid on presentation, the State Treasurer shall immediately notify the Comptroller, who shall proceed to collect the amount from the person from whom the same was received by the Treasurer. The State Treasurer shall daily transmit to the Comptroller a detailed record of all receipts.
B. The State Treasurer shall not collect any money on a check or draft; but the same shall, in every case, be properly endorsed as required and deposited with some state depository for the credit of the Commonwealth.
Code 1950, §§ 2-153, 2-154; 1966, c. 677, §§ 2.1-183, 2.1-184; 2001, c. 844.
Structure Code of Virginia
Title 2.2 - Administration of Government
Chapter 18 - Department of the Treasury
§ 2.2-1800. Department of the Treasury; State Treasurer
§ 2.2-1801. State Treasurer to appoint administrative assistants, etc.
§ 2.2-1803. State Treasurer; regulation procedures for depositing money
§ 2.2-1805. Records of receipts of such checks, etc.; reports to Comptroller
§ 2.2-1807. Investments, etc., in custody of State Treasurer
§ 2.2-1808. State Treasurer may sell securities in general fund; exceptions; disposition of proceeds
§ 2.2-1809. Warrants on state treasury to be listed and numbered
§ 2.2-1810. State Treasurer to keep accounts with depositories
§ 2.2-1811. Unpresented checks drawn by State Treasurer; replacement and payment
§ 2.2-1812. Admissibility of reproductions of checks in evidence; compliance with subpoena
§ 2.2-1813. Deposits in banks and savings institutions designated as state depositories
§ 2.2-1814. Amount and time limit of deposits
§ 2.2-1815. Security to be given by depositories holding state funds
§ 2.2-1816. How public moneys transferred to depositories
§ 2.2-1817. Commonwealth shall not be liable for loss in collection of checks, etc.
§ 2.2-1821. Deposits to be to credit of State Treasurer; how money withdrawn
§ 2.2-1822. Conditions to issuance of disbursement warrants
§ 2.2-1822.1. Recovery audits of state contracts
§ 2.2-1823. Lump-sum transfers prohibited
§ 2.2-1824. Petty cash, payroll and other funds
§ 2.2-1826. Issuance of replacement warrants generally
§ 2.2-1827. When replacement warrant issued without bond
§ 2.2-1828. Creation of Revenue Stabilization Fund
§ 2.2-1829. Reports of Auditor of Public Accounts; Fund deposits and withdrawals
§ 2.2-1830. Decline in forecasted revenues
§ 2.2-1831. Sources or components of "general fund revenues."
§ 2.2-1831.2. Creation of Revenue Reserve Fund
§ 2.2-1831.3. Commitment of funds for Revenue Reserve Fund
§ 2.2-1831.4. Decline in forecasted revenues
§ 2.2-1831.5. Sources or components of general fund revenues
§ 2.2-1832. Division of Risk Management
§ 2.2-1833. Property and insurance records to be maintained
§ 2.2-1835. State Insurance Reserve Trust Fund
§ 2.2-1836. Insurance plan for state-owned buildings and state-owned contents of buildings
§ 2.2-1837. Risk management plan for public liability
§ 2.2-1838. Insurance of state motor vehicles
§ 2.2-1840. Blanket surety bond plan for state and local employees
§ 2.2-1841. Blanket surety bond plan for moneys under control of court