CODE OF VIRGINIA

DISCOUNT BY OFFICER, DIRECTOR, OR EMPLOYEE OF REFUSED PAPER (§ 6.2-1030)

No officer, director, or employee of a trust company may purchase or discount
any note or paper at a rate of interest in excess of what the trust company
might charge knowing that the trust company has refused to purchase or discount
such paper.

HISTORY: Code 1950, § 6-44; 1966, c. 584, § 6.1-53; 2010, c. 794.