Code of Virginia - Title 2.2 Administration Of Government - Chapter 18 Department Of The Treasury

2.2-1800 Department of the Treasury; State Treasurer
A. There is created a Department of the Treasury ("the Department"), which shall be under the direct control and supervision of the State Treasurer. The ...

2.2-1801 State Treasurer to appoint administrative assistants, etc
A. The State Treasurer shall appoint the administrative assistants, deputies and clerks allowed by law. B. The State Treasurer shall appoint administrative assistants, who shall ...

2.2-1802 Payment of state funds into state treasury; deposits in state depositories; credit of fund not pai...
Every state department, division, officer, board, commission, institution or other agency owned or controlled by the Commonwealth, whether at the seat of government or not, ...

2.2-1803 State Treasurer; regulation procedures for depositing money
The State Treasurer may adopt regulations or other directives establishing procedures for depositing moneys in depository banks and for reporting the deposits. The regulations may ...

2.2-1804 Payment by delivery of checks, etc., to State Treasurer; liability when not paid on presentatio...
Any public officer, or any firm or corporation, or any other person having to pay money into the treasury may make payment by delivering to ...

2.2-1805 Records of receipts of such checks, etc.; reports to Comptroller
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 ...

2.2-1806 Investment of current funds in state treasury; withdrawals and transfers of moneys to be investe...
The Governor and State Treasurer, acting jointly may whenever in their opinion there are funds in the state treasury in excess of the amount required ...

2.2-1807 Investments, etc., in custody of State Treasurer
The State Treasurer shall be charged with the custody of all investments and invested funds of the Commonwealth or in possession of the Commonwealth in ...

2.2-1808 State Treasurer may sell securities in general fund; exceptions; disposition of proceeds
The Treasurer may sell, transfer, and convey any notes, bonds, obligations or certificates of stock held in the general fund of the state treasury. The ...

2.2-1809 Warrants on state treasury to be listed and numbered
The State Treasurer shall keep a list of all warrants drawn upon the state treasury, numbered consecutively. No information contained in the list of warrants ...

2.2-1810 State Treasurer to keep accounts with depositories
The State Treasurer shall keep accounts on the books of his office with the different depositories, on which accounts balances shall be struck monthly, showing ...

2.2-1811 Unpresented checks drawn by State Treasurer; replacement and payment
The State Treasurer shall report and remit, pursuant to the provisions of §§ 55-210.9, 55-210.12 and 55-210.14, all checks drawn by him on state depositories ...

2.2-1812 Admissibility of reproductions of checks in evidence; compliance with subpoena
A. A reproduction of any check or draft or an enlargement of such reproduction drawn by the State Treasurer, when satisfactorily identified, shall be admissible ...

2.2-1813 Deposits in banks and savings institutions designated as state depositories
Moneys to be paid into the state treasury shall be deposited in the banks and savings institutions designated as state depositories by the State Treasurer. ...

2.2-1814 Amount and time limit of deposits
The State Treasurer may arrange for and make state deposits in such amounts and for such time as in his judgment the condition of the ...

2.2-1815 Security to be given by depositories holding state funds
No state funds shall be deposited in any depository unless it is a "qualified public depository" as defined in § 2.2-4401. For purposes of this ...

2.2-1816 How public moneys transferred to depositories
All transfers of public moneys from one depository to another for any purpose shall be made by electronic funds transfer at the direction of the ...

2.2-1817 Commonwealth shall not be liable for loss in collection of checks, etc
The Commonwealth shall not be liable for any loss resulting from lack of diligence on the part of any depository in forwarding, or in failing ...

2.2-1818 Responsibility of Commonwealth for securities deposited with Commonwealth Transportation Boar...
The Commonwealth shall be responsible for the safekeeping of all bonds or other securities deposited with the Commonwealth Transportation Commissioner or the Commonwealth Transportation Board ...

2.2-1819 Payments to be made in accordance with appropriations; submission and approval of quarterly estimat...
No money shall be paid out of the state treasury except in accordance with appropriations made by law. No appropriation to any department, institution or ...

2.2-1820 Description unavailable
Reserved. ...

2.2-1821 Deposits to be to credit of State Treasurer; how money withdrawn
All state moneys in a state depository shall stand on the books of such depository to the credit of the State Treasurer. The State Treasurer ...

2.2-1822 Conditions to issuance of disbursement warrants
The Comptroller shall not issue a disbursement warrant unless and until he has audited, through the use of statistical sampling or other acceptable auditing techniques ...

2.2-1822.1 Recovery audits of state contracts
The Department of Accounts shall procure the services of one or more private contractors, in accordance with the Virginia Public Procurement Act (§ 2.2-4300 et ...

2.2-1823 Lump-sum transfers prohibited
Lump-sum transfers of appropriations to state departments, divisions, offices, boards, commissions, institutions and other agencies owned or controlled by the Commonwealth, whether at the seat ...

2.2-1824 Petty cash, payroll and other funds
A reasonable petty cash, payroll or other imprest fund may be allowed each state department, institution, board, commission or other agency. The amount of such ...

2.2-1825 Issuance of warrants for payment of claims; Comptroller to keep and sign register of warrants issue...
After the allowance of any claim that is payable out of the state treasury, under any of the provisions of this title, a warrant shall ...

2.2-1826 Issuance of replacement warrants generally
Upon satisfactory proof presented to the Comptroller or to the State Treasurer that any warrant drawn by either the Comptroller or the State Treasurer, or ...

2.2-1827 When replacement warrant issued without bond
No bond shall be required where an original warrant was issued to (i) any eleemosynary or educational institution of the Commonwealth for money appropriated to ...

2.2-1828 Creation of Revenue Stabilization Fund
There is established a fund to be known as the Revenue Stabilization Fund (the "Fund") for the stabilization of the expected revenues of the Commonwealth. ...

2.2-1829 Reports of Auditor of Public Accounts; Fund deposits and withdrawals
A. On or before December 1 of each year, the Auditor of Public Accounts shall report to the General Assembly the certified tax revenues collected ...

2.2-1830 Decline in forecasted revenues
In the event that a revised general fund forecast presented to the General Assembly reflects a decline when compared to total general fund revenues appropriated, ...

2.2-1831 Sources or components of "general fund revenues."
Any revised general fund revenue forecast presented to the General Assembly for purposes of this article shall consist of the same revenue sources or components ...

2.2-1832 Division of Risk Management
The Division of Risk Management (the "Division"), formerly within the Department of General Services, is hereby transferred to the Department (the "Department") of the Treasury ...

2.2-1833 Property and insurance records to be maintained
The Division shall establish and maintain a file of state-owned buildings and contents, hereinafter inclusively referred to as buildings or properties, and the actual cash ...

2.2-1834 Inspection of state-owned properties for insurance purposes; determination of coverage; procurement...
A. The Division may inspect or administer a program of self-inspection for all state-owned properties and confer with the proper officials or employees of the ...

2.2-1835 State Insurance Reserve Trust Fund
A. The State Insurance Reserve Trust Fund (the "Fund") is established and shall consist of the payments required by subsection B. The Fund shall be ...

2.2-1836 Insurance plan for state-owned buildings and state-owned contents of buildings
A. Subject to the approval of the Governor, the Division shall establish a risk management plan that may be self-insurance or a combination of self-insurance ...

2.2-1837 Risk management plan for public liability
A. Subject to the approval of the Governor, the Division shall establish a risk management plan, which may be purchased insurance, self-insurance or a combination ...

2.2-1838 Insurance of state motor vehicles
A. Subject to the approval of the Governor, the Division shall establish a risk management plan, which may be purchased insurance, self-insurance or a combination ...

2.2-1839 Risk management plans administered by the Department of the Treasury's Risk Management Division fo...
A. The Division shall establish one or more risk management plans specifying the terms and conditions for coverage, subject to the approval of the Governor, ...

2.2-1839.1 Description unavailable
Not in effect. ...

2.2-1840 Blanket surety bond plan for state and local employees
A. Subject to the approval of the Governor, the Division shall establish a program of blanket surety bonding to provide surety for the faithful performance ...

2.2-1841 Blanket surety bond plan for moneys under control of court
The Division shall establish a program of blanket surety bonding to provide surety for the faithful discharge of duty with respect to moneys held pursuant ...

2.2-1842 Sovereign immunity
Although the provisions of this article are subject to those of Article 18.1 (§ 8.01-195.1 et seq.) of Chapter 3 of Title 8.01, nothing in ...

2.2-1843 Loss prevention
The Division may develop and implement risk management and loss prevention programs related to risk management plans established pursuant to the provisions of this article. ...