Virginia Law

Code of Virginia

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Code of Virginia
Title 58.1. Taxation
Chapter 31. Local Officers
11/13/2019

§ 58.1-3161. Interest on deposits.

Each depository of each county shall, in the discretion of the county finance board, pay interest on money deposited under the provisions of this article. The rate of such interest shall be agreed upon by the treasurer and the depository subject to the approval of the county finance board if it so desires.

Code 1950, § 58-950; 1984, c. 675.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.