Va. Code § 6.2-928

Current with changes from the 2024 legislative session through ch. 845
Section 6.2-928 - Posting of notice; effect of posting notice

Immediately upon closing any bank with the intention of proceeding under the provisions of this article, the Commissioner shall post an appropriate notice of closing at the main entrance of the bank. Upon the posting of said notice, (i) no judgment lien, attachment lien, or voluntary lien shall thereafter attach to any asset of the bank and (ii) no director, officer, or agent of the bank thereafter shall have authority to act on behalf of the bank or to convey, transfer, assign, pledge, mortgage, or encumber any asset thereof.

Va. Code § 6.2-928

1983, c. 507, § 6.1-110.4; 2010, c. 794.
Amended by Acts 2010, § c. 794.
Amended by Acts 1983, § c. 507, § 6.1-110.4.