32.1-318 - Knowing failure to deposit, transfer or maintain patient trust funds in separate account; penalty.
§ 32.1-318. Knowing failure to deposit, transfer or maintain patient trustfunds in separate account; penalty.
A. Any person having any patient trust funds in his possession, custody orcontrol, who, knowing that he is violating any statute or regulation,deliberately fails to deposit, transfer or maintain such funds in a separate,designated, trust bank account as required by such statute or regulationshall be guilty of a Class 1 misdemeanor.
B. "Patient trust funds" are funds received by any health care facilitywhich belong to patients and are required by any state or federal statute orregulation to be kept in a separate trust bank account for the benefit ofsuch patients.
C. This section shall not be construed to prevent a prosecution pursuant toChapter 5 (§ 18.2-77 et seq.) of Title 18.2.
(1981, c. 255.)