State Codes and Statutes
Statutes > Virginia > Title-6-2 > Chapter-8 > 6-2-813§ 6.2-813. (Effective October 1, 2010) Participation by banks in schoolthrift or savings plans.
A bank may contract with the principal of any elementary or secondary school,if authorized to do so by the school board in any locality where the bank hasa location, for the bank to participate in a school thrift or savings plan. Aparticipating bank may accept deposits at the school either by its owncollector or by any representative of the school who becomes the agent of thebank for such purpose.
(Code 1950, § 6-23.1; 1954, c. 160; 1966, c. 584, § 6.1-10; 2010, c. 794.)
