PocketLaw | US Virgin Islands Code | The Public Monies

The Public Monies

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Designation of depositories; requirements

Bond required of depository

Depository bond; contents

Collateral in lieu of depository bond

Pledge to accompany collateral

Furnishing more than one bond or both bond and collateral

Division of deposits among depositories; maximum amounts to be deposited; exception of insured funds from bond and collateral

Statement of financial condition of depository or surety

Deposit, withdrawal and substitution of collateral

Types of deposits

Deposit of government funds

Closing of depository deemed a default

Virgin Islands preferred creditor

Revocation of designation as depository

Regulations

Governmental funds defined

Deposit without deduction

Penalty for withholding money

Rendering accounts generally

Rendering accounts; disbursing officers

Rendering accounts; distinct accounts required

Suits to recover money from officers

Distress warrant

Distress warrant; contents

Warrant of distress; execution against officer

Distress warrant; execution against surety

Levy to be lien

Regulation of sale of lands

Conveyance of lands

Disposal of surplus

Failure of disbursing officer to account

Extent of application of provision for distress warrants

Postponement of proceedings for nonaccounting

Injunction to stay distress warrant

Rights of the Virgin Islands preserved

Investment of funds

Uncollectible claims

Same; abatement by Commissioner