{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/46.2-428.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/46.2-428.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/46.2-428.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/46.2-428.html"}],"law_id":365697,"edition_id":2,"section_id":365697,"structure_id":52162,"section_number":"46.2-428","catch_line":"Commonwealth responsible for deposits","history":"Code 1950, \u00a7 46-448; 1958, c. 541, \u00a7 46.1-460; 1989, c. 727.","full_text":"The Commonwealth shall be responsible for the safekeeping of all bonds, cash, and securities deposited with the State Treasurer under the provisions of this chapter, and if the deposit or any part of the deposit is lost, destroyed, or misappropriated the Commonwealth shall make good the loss to any person entitled thereto.\n\n","order_by":null,"text":{"0":{"id":1362564,"text":"The Commonwealth shall be responsible for the safekeeping of all bonds, cash, and securities deposited with the State Treasurer under the provisions of this chapter, and if the deposit or any part of the deposit is lost, destroyed, or misappropriated the Commonwealth shall make good the loss to any person entitled thereto.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":52162,"edition_id":2,"name":"Suspension of Licenses for Unsatisfied Judgments and After Certain Accidents","identifier":"13","label":"article","depth":4,"order_by":14,"parent_id":52148,"metadata":{"child_laws":13,"child_structures":0},"date_created":"2026-08-02 02:54:35","date_modified":"2026-08-02 12:34:05","permalink":{"id":1452929,"object_type":"structure","relational_id":52162,"identifier":"13","token":"46.2\/II\/3\/13","url":"\/46.2\/II\/3\/13\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52148,"edition_id":2,"name":"Licensure of Drivers","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":52147,"metadata":{"child_laws":313,"child_structures":20},"date_created":"2026-08-02 02:54:13","date_modified":"2026-08-02 12:34:03","permalink":{"id":1452631,"object_type":"structure","relational_id":52148,"identifier":"3","token":"46.2\/II\/3","url":"\/46.2\/II\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52147,"edition_id":2,"name":"Titling, Registration and Licensure","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":52048,"metadata":{"child_laws":724,"child_structures":36},"date_created":"2026-08-02 02:54:13","date_modified":"2026-08-02 12:34:03","permalink":{"id":1452629,"object_type":"structure","relational_id":52147,"identifier":"II","token":"46.2\/II","url":"\/46.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52048,"edition_id":2,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":101,"parent_id":null,"metadata":{"child_laws":1830,"child_structures":157},"date_created":"2026-08-02 02:52:29","date_modified":"2026-08-02 12:34:02","permalink":{"id":1452291,"object_type":"structure","relational_id":52048,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":365686,"structure_id":52162,"section_number":"46.2-417","catch_line":"Suspension for failure to satisfy motor vehicle accident judgment; exceptions; insurance in liquidated company; insurer obligated to pay judgment","url":"\/46.2-417\/","token":"46.2\/II\/3\/13\/46.2-417","metadata":false},{"id":365687,"structure_id":52162,"section_number":"46.2-418","catch_line":"Nonpayment of judgments of Virginia and other states","url":"\/46.2-418\/","token":"46.2\/II\/3\/13\/46.2-418","metadata":false},{"id":365688,"structure_id":52162,"section_number":"46.2-419","catch_line":"When judgment satisfied","url":"\/46.2-419\/","token":"46.2\/II\/3\/13\/46.2-419","metadata":false},{"id":365689,"structure_id":52162,"section_number":"46.2-420","catch_line":"Order for payment of judgment in installments","url":"\/46.2-420\/","token":"46.2\/II\/3\/13\/46.2-420","metadata":false},{"id":365690,"structure_id":52162,"section_number":"46.2-421","catch_line":"Effect of order for such payment and proof of financial responsibility","url":"\/46.2-421\/","token":"46.2\/II\/3\/13\/46.2-421","metadata":false},{"id":365691,"structure_id":52162,"section_number":"46.2-422","catch_line":"Suspension on failure to pay installments","url":"\/46.2-422\/","token":"46.2\/II\/3\/13\/46.2-422","metadata":false},{"id":365692,"structure_id":52162,"section_number":"46.2-423","catch_line":"Creditor's consent to license notwithstanding default in payment","url":"\/46.2-423\/","token":"46.2\/II\/3\/13\/46.2-423","metadata":false},{"id":365693,"structure_id":52162,"section_number":"46.2-424","catch_line":"Duty of insurance carrier after notice of accident; report of omissions by insurers to State Corporation Commission; investigation and assessment for omissions","url":"\/46.2-424\/","token":"46.2\/II\/3\/13\/46.2-424","metadata":false},{"id":365694,"structure_id":52162,"section_number":"46.2-425","catch_line":"Driver or owner having no license issued by Department","url":"\/46.2-425\/","token":"46.2\/II\/3\/13\/46.2-425","metadata":{"court_decisions":""}},{"id":365695,"structure_id":52162,"section_number":"46.2-426","catch_line":"Custody and application of cash or securities deposited; limitation of actions; assignment","url":"\/46.2-426\/","token":"46.2\/II\/3\/13\/46.2-426","metadata":false},{"id":365696,"structure_id":52162,"section_number":"46.2-427","catch_line":"When suspensions to remain effective; relief from furnishing proof of financial responsibility; prohibition against registration in name of another person","url":"\/46.2-427\/","token":"46.2\/II\/3\/13\/46.2-427","metadata":false},{"id":365697,"structure_id":52162,"section_number":"46.2-428","catch_line":"Commonwealth responsible for deposits","url":"\/46.2-428\/","token":"46.2\/II\/3\/13\/46.2-428","metadata":false},{"id":365698,"structure_id":52162,"section_number":"46.2-429","catch_line":"Release of deposits only upon consent of Commissioner","url":"\/46.2-429\/","token":"46.2\/II\/3\/13\/46.2-429","metadata":false}],"previous_section":{"id":365696,"structure_id":52162,"section_number":"46.2-427","catch_line":"When suspensions to remain effective; relief from furnishing proof of financial responsibility; prohibition against registration in name of another person","url":"\/46.2-427\/","token":"46.2\/II\/3\/13\/46.2-427","metadata":false},"next_section":{"id":365698,"structure_id":52162,"section_number":"46.2-429","catch_line":"Release of deposits only upon consent of Commissioner","url":"\/46.2-429\/","token":"46.2\/II\/3\/13\/46.2-429","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-428\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1958, chapter 541; in 1989, chapter 727.<\/p>","references":false,"refers_to":false,"permalink":{"id":1452975,"object_type":"law","relational_id":365697,"identifier":"46.2-428","token":"46.2\/II\/3\/13\/46.2-428","url":"\/46.2-428\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/46.2-428\/","token":"46.2\/II\/3\/13\/46.2-428","dublin_core":{"Title":"Commonwealth responsible for deposits","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-428","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The Commonwealth shall be responsible for the safekeeping of all <span class=\"dictionary\">bonds<\/span>, cash, and securities deposited with the State Treasurer under the provisions of this chapter, and if the deposit or any part of the deposit is lost, destroyed, or misappropriated the Commonwealth shall make good the loss to any person entitled thereto.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCOMMONWEALTH RESPONSIBLE FOR DEPOSITS (\u00a7 46.2-428)\n\nThe Commonwealth shall be responsible for the safekeeping of all bonds, cash,\nand securities deposited with the State Treasurer under the provisions of this\nchapter, and if the deposit or any part of the deposit is lost, destroyed, or\nmisappropriated the Commonwealth shall make good the loss to any person entitled\nthereto.\n\nHISTORY: Code 1950, \u00a7 46-448; 1958, c. 541, \u00a7 46.1-460; 1989, c. 727.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}