6.2-806 - (Effective October 1, 2010) Saturday closing of banks.
§ 6.2-806. (Effective October 1, 2010) Saturday closing of banks.
Any bank, including national banking associations and federal reserve banks,may permit any one or more or all of its offices to remain closed on any oneor more or all Saturdays, as the bank, by resolution of its board ofdirectors, may from time to time determine. Any Saturday on which an officeof a bank remains closed, as herein permitted, shall constitute a legalholiday as to such office. Any act authorized, required or permitted to beperformed at, by or with respect to any such office on a Saturday on whichthe office is so closed may be performed on the next succeeding business day.No liability or loss of rights of any kind shall result from such delay.
(Code 1950, § 2-20.1; 1952, c. 56; 1954, c. 273; 1956, cc. 38, 108, 366;1958, c. 103; 1959, Ex. Sess., cc. 11, 65, 66; 1960, cc. 24, 588; 1962, c. 2;1966, c. 677, § 2.1-23; 2001, c. 844, § 6.1-5.1; 2010, c. 794.)