Felony for State Treasurer to dispose of securities illegally

  1. Law
  2. Code of Virginia
  3. Insurance
  4. Organization, Admission and Licensing of Insurers
  5. Felony for State Treasurer to dispose of securities illegally

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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.


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