Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-110.3 Transfer of title to bank assets

§ 6.1-110.3. Transfer of title to bank assets

Upon the appointment of the FDIC as receiver, title to all assets of the bank shall vest in the FDIC without the execution of any instruments of conveyance, assignment, transfer or endorsement.

(1983, c. 507.)

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Last modified: April 2, 2009