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Current as of January 01, 2020 | Updated by FindLaw Staff
Savings institutions may:
1. Serve as depositories for federal taxes and for U.S. Treasury tax and loan deposits;
2. Satisfy any requirements in connection therewith, including maintaining tax and loan accounts and note accounts, as defined by regulations of the U.S. Treasury Department or other federal agency;
3. Pledge collateral; and
4. Satisfy the requirements of the U.S. Treasury Department in connection with such deposits.
Cite this article: FindLaw.com - Virginia Code Title 6.2. Financial Institutions and Services § 6.2-1170. Deposits of federal taxes and U.S. Treasury tax and loan accounts - last updated January 01, 2020 | https://codes.findlaw.com/va/title-6-2-financial-institutions-and-services/va-code-sect-6-2-1170/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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