CHAP. 158. An ACT concerning depositories for the funds of Rocking-
ham county and the interest on such funds. fH B 131]
Approved March 29, 1923.
1. Be it enacted by the general assembly of Virginia, That
the treasurer of the county of Rockingham shall select some
State or national banks or banking institutions as depositories
for all county and district taxes, funds and license fees, and
shall deposit his collections at interest in such banks or banking
institutions as he may select.
2. The said treasurer shall receive a commission of five per
centum on all interest money received under this act. |
3. Nothing in this act shall be construed to decrease or di-
minish in any way the liability of said treasurer as insurer of
the funds in his hands, nor shall anything herein contained be
construed to decrease or diminish the responsibilities of sureties
on the official bonds of said treasurer.
4. Interest accruing on deposits as aforesaid shall be placed
to the credit of the general fund of the county.