Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-2.9:2 Checks on consumer deposit accounts to show date account was opened

§ 6.1-2.9:2. Checks on consumer deposit accounts to show date account was opened

All checks, drafts, or similar negotiable or nonnegotiable instruments or orders of withdrawal which are drawn against funds held by a financial institution located in Virginia in a consumer deposit account opened after December 31, 1981, shall clearly display on the face thereof the month and year in which the account was opened. This section does not apply to temporary checks, drafts, or similar negotiable or nonnegotiable instruments or orders of withdrawal, or to a consumer deposit account where the applicant either demonstrates through the production of monthly statements or represents in a writing which states it is made under penalties of perjury that, for twelve months immediately preceding his application, he has had an account at the same or another financial institution.

For purposes of this section the term "consumer deposit account" means a demand or other similar deposit account established and maintained by a natural person with a financial institution and operated primarily for personal, family or household purposes.

No liability or penalty shall be imposed on any depositor, financial institution or printer for an unintentional failure to comply with this section.

(1981, c. 214.)

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Last modified: April 2, 2009