Virginia Security for Public Deposits Act

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Chapter 44 of the Code of Virginia, titled “Virginia Security for Public Deposits Act.” It is part of Part B “Transaction of Public Business”, which is part of Subtitle II “Administration of State Government”, which is part of Title 2.2 “Administration of Government”. It contains 12 laws.

It’s comprised of the following 12 sections.

§ 2.2-4400	Short title; declaration of intent; applicability
§ 2.2-4401	Definitions
§ 2.2-4402	Collateral for public deposits
§ 2.2-4403	Procedure for payment of losses by pooled method
§ 2.2-4404	Procedure for payment of losses by dedicated method
§ 2.2-4405	Powers of Treasury Board relating to the administration of this chapter
§ 2.2-4406	Subrogation of Treasury Board to depositor's rights; payment of sums received from distribution of assets
§ 2.2-4407	Mandatory deposit of public funds in qualified public depositories
§ 2.2-4408	Authority to make public deposits
§ 2.2-4409	Authority to secure public deposits; acceptance of liabilities and duties by public depositories
§ 2.2-4410	Liability of public depositors
§ 2.2-4411	Reports of qualified public depositories