{"data":{"id":"us-va/va.-code-15.2-2501","jurisdiction":"us-va","citation":"Va. Code § 15.2-2501","heading":"Establishment of funds for accounting and budgeting; separate depository and investment accounts not required","body":"Every locality and school division shall establish such funds as may be required by law and as may otherwise be deemed necessary to provide appropriate accounting and budgetary control over the activities and affairs of the locality or school division. This section shall not be construed to require separate depository or investment accounts for the assets of each fund.1997, c. 587.","path":["Title 15.2. COUNTIES, CITIES AND TOWNS","Subtitle II. POWERS OF LOCAL GOVERNMENT","Chapter 25. BUDGETS, AUDITS AND REPORTS"],"source_url":"https://law.lis.virginia.gov/vacode/15.2-2501/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:19Z","sha256":"045ca6e13e6be147d505cb78a45b1753d0893dd3575699e63078eb95ab22b018","source_id":"us-va","stale":true,"prev":"us-va/va.-code-15.2-2500","next":"us-va/va.-code-15.2-2502"},"notice":"GroundRules: Original legal text. Not legal advice."}