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1996 SESSION
Be it enacted by the General Assembly of Virginia:
1. That § 24.2-905 of the Code of Virginia is amended and reenacted as follows:
§ 24.2-905. Campaign depositories; petty cash fund.
All funds and monetary contributions received by the candidate or his campaign
committee, as soon as practicable after receipt thereof, shall be deposited by
the treasurer in the designated campaign depository in an account properly
identifying the name of and the existence of the political candidacy. No
candidate, campaign treasurer, or other individual shall pay any expense on
behalf of a candidate, directly or indirectly, except by check from such
designated depository; however, a treasurer may establish a petty cash fund to
be utilized for the purpose of making expenditures or reimbursing verified
credit card expenditures of less than twenty-five one hundred
dollars if complete records of such expenditures are maintained as required by
this chapter.