Code of Virginia (Last Updated:July 28, 2020) |
TITLE 58.1. Taxation |
SUBTITLE III. Local Taxes |
CHAPTER 31. Local Officers |
ARTICLE 2. Treasurers |
SECTION 58.1-3161. Interest on deposits |
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. Code 1950, § 58-950; 1984, c. 675. |