Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-194.53 Deposits of federal taxes and United States Treasury tax and loan accounts

§ 6.1-194.53. Deposits of federal taxes and United States Treasury tax and loan accounts

Associations may serve as depositories for federal taxes and for United States Treasury tax and loan deposits and may satisfy the requirements in connection therewith such as maintaining tax and loan accounts and note accounts, as defined by federal regulations, pledge collateral and satisfy the requirements of the United States Treasury Department in connection with such deposits.

(Code 1950, § 6.1-195.22:2; 1979, c. 77; 1985, c. 425; 1990, c. 3.)

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Last modified: April 2, 2009