Statutes > Virginia Statutes > Title 2.2 - ADMINISTRATION OF GOVERNMENT. > Chapter 18 - Department of the Treasury (2.2-1800 thru 2.2-1843) > 2.2-1816 - How public moneys transferred to depositories.

2.2-1816 - How public moneys transferred to depositories.

§ 2.2-1816. How public moneys transferred to depositories.

All transfers of public moneys from one depository to another for any purposeshall be made by electronic funds transfer at the direction of the StateTreasurer or his duly authorized deputies who shall order the transferor bankto make payment to the transferee bank for deposit to the credit of the StateTreasurer.

(Code 1950, § 2-188; 1966, c. 677, § 2.1-219; 1974, c. 232; 2001, c. 844.)