Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-194.133 Accounts of state savings banks

§ 6.1-194.133. Accounts of state savings banks

A state savings bank may offer such accounts, including checking accounts, time deposit accounts and savings accounts, as its board of directors may authorize from time to time. A state savings bank may pay interest on such accounts at such rates and under such terms and conditions as its board of directors may direct from time to time, subject to any restrictions and limitations imposed by state or federal law on the payment of interest.

(1991, c. 230.)

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Last modified: April 2, 2009