Va. Code § 15.2-5611: Moneys received deemed trust funds
Where this section sits in the code
- Title 15.2. COUNTIES, CITIES AND TOWNS
- Subtitle IV. OTHER GOVERNMENTAL ENTITIES
- Chapter 56. PUBLIC RECREATIONAL FACILITIES AUTHORITIES ACT
All moneys received pursuant to the provisions of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.Code 1950, § 15-714.24; 1962, c. 393, § 12, § 15.1-1282; 1997, c. 587.
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