GroundRules
Va. Code § 6.2-1030: Discount by officer, director, or employee of refused paper
Where this section sits in the code
- Title 6.2. FINANCIAL INSTITUTIONS AND SERVICES
- Subtitle II. DEPOSITORY INSTITUTIONS AND TRUST ORGANIZATIONS
- Chapter 10. ENTITIES CONDUCTING TRUST BUSINESS
- Article 2. TRUST COMPANIES
No officer, director, or employee of a trust company may purchase or discount any note or paper at a rate of interest in excess of what the trust company might charge knowing that the trust company has refused to purchase or discount such paper.Code 1950, § 6-44; 1966, c. 584, § 6.1-53; 2010, c. 794.
Collected 2026-09-04T15:12:34Z. Source file · JSON