Virginia regulations · Through 2026 Regular Session (effective July 1, 2026)

10VAC5-20-10: Interest rate for state-chartered banks

Where this section sits in the code

Title 10. Finance And Financial Institutions
Agency 5. State Corporation Commission
Chapter 20. Banking and Savings Institutions

State-chartered banks in Virginia may take, receive, reserve and charge on any loan or discount made at a rate of 1.0% above the discount rate on 90 day commercial paper now and hereafter in effect at the Federal Reserve Bank for the Fifth Federal Reserve District, and they hereby are so empowered.

Collected 2026-09-14T04:49:31Z. Source file · JSON

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