6.1-194.133 - (Repealed effective October 1, 2010) Accounts of state savings banks. - Virginia Statutes

§ 6.1-194.133. (Repealed effective October 1, 2010) Accounts of state savingsbanks.

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

(1991, c. 230.)