Code of Virginia - Title 15.2 Counties, Cities And Towns - Section 15.2-5611 Moneys received deemed trust funds

§ 15.2-5611. Moneys received deemed trust funds

All moneys received pursuant to the provisions of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.

(Code 1950, § 15-714.24; 1962, c. 393, § 12, § 15.1-1282; 1997, c. 587.)

Sections:  Previous  15.2-5602  15.2-5603  15.2-5604  15.2-5605  15.2-5606  15.2-5607  15.2-5608  15.2-5609  15.2-5610  15.2-5611  15.2-5612  15.2-5613  15.2-5614  15.2-5615  15.2-5616  Next

Last modified: April 2, 2009