Code of Virginia - Title 2.2 Administration Of Government - Section 2.2-4410 Liability of treasurers or public depositors

§ 2.2-4410. Liability of treasurers or public depositors

When deposits are made in accordance with this chapter no treasurer or public depositor shall be liable for any loss thereof resulting from the failure or default of any depository in the absence of negligence, malfeasance, misfeasance, or nonfeasance on his part or on the part of his assistants or employees.

(1973, c. 172, § 2.1-370; 2001, c. 844.)

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Last modified: April 2, 2009