2006 Code of Virginia § 46.2-454 - Moneys or securities to be deposited with State Treasurer subject to execution

46.2-454. Moneys or securities to be deposited with State Treasurer subjectto execution.

All moneys or securities delivered to the Commissioner pursuant to thischapter shall be placed by him in the custody of the State Treasurer andshall be subject to execution to satisfy any judgment within the limits onamounts required by this chapter for motor vehicle liability insurancepolicies. The State Treasurer shall certify the value of such moneys orsecurities to the Commissioner as soon as practicable after their delivery tohim.

(Code 1950, 46-475; 1958, c. 541, 46.1-486; 1986, c. 16; 1989, c. 727.)

Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.