CODE OF VIRGINIA

TRANSFER OF TITLE TO BANK ASSETS (§ 6.2-927)

Upon the appointment of the FDIC as receiver, title to all assets of the bank
shall vest in the FDIC without the execution of any instruments of conveyance,
assignment, transfer, or endorsement.

HISTORY: 1983, c. 507, § 6.1-110.3; 2010, c. 794.