Chap. 20.—An ACT to amend the Code of Virginia by adding thereto a new sec-
tion, numbered 2158-b, relating to withdrawal of excess funds from State de-
positories. | . [S B 22]

Approved February 13, 1932

1. Be it enacted by the general assembly of Virginia, That the
Code of Virginia be amended by adding thereto a new section num-
bered twenty-one hundred and fifty-eight-b to read as follows:

Section 2158-b. If any State depositary shall receive a sum to the
credit of the treasurer of Virginia in excess of the amount covered by
surety bond and securities held by the said treasurer to protect State
funds on deposit in the said depository, the State treasurer immediately
upon receiving notice of such excess shall withdraw the said excess
amount from the said depository; and if the treasurer immediately
upon receiving such notice shall withdraw the said excess funds from
the said depository he shall be deemed to have used due diligence for
the protection of the said funds of the Commonwealth.

2. An emergency existing this act shall be in force from its

passage.