Virginia § 21-135 - Insolvency of depository
Full text of Virginia Code of Virginia § 21-135 — Insolvency of depository, with citation guidance and answers to common questions.
§ 21-135. Insolvency of depository
The treasurer shall not be liable for any deposits which shall be lost by reason of the insolvency or failure of any bank in which he shall have been directed by the governing body to deposit them.
1946, p. 183; Michie Suppl. 1946, § 1560z6.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 21-135
What does Code of Virginia § 21-135 cover?
Section 21-135 ("Insolvency of depository") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 21-135?
A common citation format is "Code of Virginia § 21-135" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 21-135 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.