6.1-194.53 - (Repealed effective October 1, 2010) Deposits of federal taxes and United States Treasury tax and loan accounts.

§ 6.1-194.53. (Repealed effective October 1, 2010) Deposits of federal taxesand United States Treasury tax and loan accounts.

Associations may serve as depositories for federal taxes and for UnitedStates Treasury tax and loan deposits and may satisfy the requirements inconnection therewith such as maintaining tax and loan accounts and noteaccounts, as defined by federal regulations, pledge collateral and satisfythe requirements of the United States Treasury Department in connection withsuch deposits.

(Code 1950, § 6.1-195.22:2; 1979, c. 77; 1985, c. 425; 1990, c. 3.)