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Va. Code § 6.2-883 Acceptance of Drafts Or Bills of Exchange; Issuance of Letters of Credit
Library | Virginia Statutes |
Edition | 2023 |
Currency | Current with changes from the 2023 Special Legislative Session |
Year | 2023 |
Citation | Va. Code § 6.2-883 |
A. Any bank doing business in...
B. The Commission, in adopting conditions, limitations, and restrictions with respect to such acceptances or letters of credit, shall use as a standard or guide the respective conditions, limitations, and restrictions, if any, imposed from time to time by federal statute or by the Federal Reserve Board on its member banks.
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