Code of Virginia - Title 58.1 Taxation - Section 58.1-3161 Interest on deposits

§ 58.1-3161. Interest on deposits

Each depository of each county shall, in the discretion of the county finance board, pay interest on money deposited under the provisions of this article. The rate of such interest shall be agreed upon by the treasurer and the depository subject to the approval of the county finance board if it so desires.

(Code 1950, § 58-950; 1984, c. 675.)

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Last modified: April 3, 2009