Felony for State Treasurer to dispose of securities illegally

Va. Code Ann. § 38.2-1058
in effect
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If the State Treasurer disposes of any securities deposited with him under this title, other than as provided in this title, he shall be guilty of a Class 3 felony, and, upon conviction, shall be punished by a fine double the amount of the disposed securities. Code 1950, § 38-53; 1952, c. 317, § 38.1-122; 1986, c. 562.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-1058/Fetched: 10/16/2026

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