Va. Code Ann. § 6.2-928
This is the official text of Va. Code Ann. § 6.2-928, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Posting of notice; effect of posting notice
Official statutory text
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.
1983, c. 507, § 6.1-110.4; 2010, c. 794 .
1983, c. 507, § 6.1-110.4; 2010, c. 794 .
Status: in_force · Read it on the official government site
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