State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-10 > 6-2-1030

§ 6.2-1030. (Effective October 1, 2010) Discount by officer, director, oremployee of refused paper.

No officer, director, or employee of a trust company may purchase or discountany note or paper at a rate of interest in excess of what the trust companymight charge knowing that the trust company has refused to purchase ordiscount such paper.

(Code 1950, § 6-44; 1966, c. 584, § 6.1-53; 2010, c. 794.)

State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-10 > 6-2-1030

§ 6.2-1030. (Effective October 1, 2010) Discount by officer, director, oremployee of refused paper.

No officer, director, or employee of a trust company may purchase or discountany note or paper at a rate of interest in excess of what the trust companymight charge knowing that the trust company has refused to purchase ordiscount such paper.

(Code 1950, § 6-44; 1966, c. 584, § 6.1-53; 2010, c. 794.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-6-2 > Chapter-10 > 6-2-1030

§ 6.2-1030. (Effective October 1, 2010) Discount by officer, director, oremployee of refused paper.

No officer, director, or employee of a trust company may purchase or discountany note or paper at a rate of interest in excess of what the trust companymight charge knowing that the trust company has refused to purchase ordiscount such paper.

(Code 1950, § 6-44; 1966, c. 584, § 6.1-53; 2010, c. 794.)