58.1-3161 - Interest on deposits. - Virginia Statutes

§ 58.1-3161. Interest on deposits.

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

(Code 1950, § 58-950; 1984, c. 675.)