CODE OF VIRGINIA INTEREST ON DEPOSITS (§ 58.1-3161) 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. HISTORY: Code 1950, § 58-950; 1984, c. 675.