Virginia § 32.1-318 - Knowing failure to deposit, transfer or maintain patient trust funds in separate account; penalty
Full text of Virginia Code of Virginia § 32.1-318 — Knowing failure to deposit, transfer or maintain patient trust funds in separate account; penalty, with citation guidance and answers to common questions.
§ 32.1-318. Knowing failure to deposit, transfer or maintain patient trust funds in separate account; penalty
A. Any person having any patient trust funds in his possession, custody or control, who, knowing that he is violating any statute or regulation, deliberately fails to deposit, transfer or maintain such funds in a separate, designated, trust bank account as required by such statute or regulation shall be guilty of a Class 1 misdemeanor.
B. "Patient trust funds" are funds received by any health care facility which belong to patients and are required by any state or federal statute or regulation to be kept in a separate trust bank account for the benefit of such patients.
C. This section shall not be construed to prevent a prosecution pursuant to Chapter 5 (§ 18.2-77 et seq.) of Title 18.2.
1981, c. 255.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 32.1-318
What does Code of Virginia § 32.1-318 cover?
Section 32.1-318 ("Knowing failure to deposit, transfer or maintain patient trust funds in separate account; penalty") 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 § 32.1-318?
A common citation format is "Code of Virginia § 32.1-318" (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 § 32.1-318 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.