{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1167.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1167.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1167.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1167.html"}],"law_id":72669,"edition_id":1,"section_id":72669,"structure_id":14436,"section_number":"6.2-1167","catch_line":"Rules governing withdrawal","history":"Code 1950, \u00a7 6-201.21; 1960, c. 402; 1966, c. 584, \u00a7 6.1-148; 1972, c. 796, \u00a7 6.1-195.21; 1979, c. 76; 1985, c. 425, \u00a7 6.1-194.50; 1990, c. 3; 1991, c. 230, \u00a7 6.1-194.134; 2010, c. 794.","full_text":"A\n\nThe holder of a savings account in a savings institution shall have the right to withdraw all or any part of his account. A savings institution shall have the right to establish the rules governing the withdrawals and may from time to time fix the period of notice required to be given for withdrawal. In no event shall a savings institution delay or postpone the whole or partial payment of the value of any savings account pursuant to a written withdrawal application by a savings account holder for a period exceeding 30 days following the receipt of such application without first securing written permission from the Commissioner.B\n\nThe holder of a federal tax and loan account or note account as defined in regulations of the U.S. Treasury Department or other federal agency shall have the right of immediate withdrawal of all or any part of such account. In no event shall a savings institution delay or postpone the whole or partial payment of such an account pursuant to a written application by the account holder.","order_by":null,"text":{"0":{"id":261589,"text":"The holder of a savings account in a savings institution shall have the right to withdraw all or any part of his account. A savings institution shall have the right to establish the rules governing the withdrawals and may from time to time fix the period of notice required to be given for withdrawal. In no event shall a savings institution delay or postpone the whole or partial payment of the value of any savings account pursuant to a written withdrawal application by a savings account holder for a period exceeding 30 days following the receipt of such application without first securing written permission from the Commissioner.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":261590,"text":"The holder of a federal tax and loan account or note account as defined in regulations of the U.S. Treasury Department or other federal agency shall have the right of immediate withdrawal of all or any part of such account. In no event shall a savings institution delay or postpone the whole or partial payment of such an account pursuant to a written application by the account holder.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14436,"edition_id":1,"name":"Accounts","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13490,"metadata":{},"date_created":"2026-06-26 03:48:08","date_modified":"2026-06-26 03:48:08","permalink":{"id":264377,"object_type":"structure","relational_id":14436,"identifier":"6","token":"6.2\/II\/11\/6","url":"\/6.2\/II\/11\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13490,"edition_id":1,"name":"Savings Institutions","identifier":"11","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:01","date_modified":"2026-06-26 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03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":60070,"structure_id":14436,"section_number":"6.2-1166","catch_line":"Accounts of state savings institutions","url":"\/6.2-1166\/","token":"6.2\/II\/11\/6\/6.2-1166","metadata":false},{"id":72669,"structure_id":14436,"section_number":"6.2-1167","catch_line":"Rules governing withdrawal","url":"\/6.2-1167\/","token":"6.2\/II\/11\/6\/6.2-1167","metadata":false},{"id":72950,"structure_id":14436,"section_number":"6.2-1168","catch_line":"Redemption","url":"\/6.2-1168\/","token":"6.2\/II\/11\/6\/6.2-1168","metadata":false},{"id":67289,"structure_id":14436,"section_number":"6.2-1169","catch_line":"Accounts of savings institutions as legal investments and as security","url":"\/6.2-1169\/","token":"6.2\/II\/11\/6\/6.2-1169","metadata":false},{"id":69447,"structure_id":14436,"section_number":"6.2-1170","catch_line":"Deposits of federal taxes and U.S. Treasury tax and loan accounts","url":"\/6.2-1170\/","token":"6.2\/II\/11\/6\/6.2-1170","metadata":false},{"id":75969,"structure_id":14436,"section_number":"6.2-1171","catch_line":"Accounts under federal Self-Employed Individuals Tax Retirement Act and federal Employee Retirement Income Security Act of 1974 (P.L. 93-406, 88 Stat. 829)","url":"\/6.2-1171\/","token":"6.2\/II\/11\/6\/6.2-1171","metadata":false},{"id":76647,"structure_id":14436,"section_number":"6.2-1172","catch_line":"Accounts issued in name of minor","url":"\/6.2-1172\/","token":"6.2\/II\/11\/6\/6.2-1172","metadata":false},{"id":55801,"structure_id":14436,"section_number":"6.2-1173","catch_line":"Powers of attorney on accounts","url":"\/6.2-1173\/","token":"6.2\/II\/11\/6\/6.2-1173","metadata":false},{"id":73540,"structure_id":14436,"section_number":"6.2-1174","catch_line":"Accounts of deceased or incompetent persons","url":"\/6.2-1174\/","token":"6.2\/II\/11\/6\/6.2-1174","metadata":false},{"id":86347,"structure_id":14436,"section_number":"6.2-1175","catch_line":"Repealed","url":"\/6.2-1175\/","token":"6.2\/II\/11\/6\/6.2-1175","metadata":false},{"id":57143,"structure_id":14436,"section_number":"6.2-1176","catch_line":"Accounts of fiduciaries","url":"\/6.2-1176\/","token":"6.2\/II\/11\/6\/6.2-1176","metadata":false},{"id":58219,"structure_id":14436,"section_number":"6.2-1177","catch_line":"Savings institution need not inquire as to fiduciary funds deposited in fiduciary's personal account","url":"\/6.2-1177\/","token":"6.2\/II\/11\/6\/6.2-1177","metadata":false},{"id":66743,"structure_id":14436,"section_number":"6.2-1178","catch_line":"Accounts held by various trustees for same beneficiary","url":"\/6.2-1178\/","token":"6.2\/II\/11\/6\/6.2-1178","metadata":false}],"previous_section":{"id":60070,"structure_id":14436,"section_number":"6.2-1166","catch_line":"Accounts of state savings institutions","url":"\/6.2-1166\/","token":"6.2\/II\/11\/6\/6.2-1166","metadata":false},"next_section":{"id":72950,"structure_id":14436,"section_number":"6.2-1168","catch_line":"Redemption","url":"\/6.2-1168\/","token":"6.2\/II\/11\/6\/6.2-1168","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1167\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 8 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1960, chapter 402; in 1966, chapter 584; in 1972, chapter 796; in 1979, chapter 76; in 1985, chapter 425; in 1990, chapter 3; in 1991, chapter 230; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":264383,"object_type":"law","relational_id":72669,"identifier":"6.2-1167","token":"6.2\/II\/11\/6\/6.2-1167","url":"\/6.2-1167\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1167\/","token":"6.2\/II\/11\/6\/6.2-1167","dublin_core":{"Title":"Rules governing withdrawal","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1167","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The holder of a savings account<\/span> in a savings institution<\/span> shall have the right to withdraw all or any part of his account. A savings institution<\/span> shall have the right to establish the rules governing the withdrawals and may from time to time fix the period of notice required to be given for withdrawal. In no event shall a savings institution<\/span> delay or postpone the whole or partial payment of the value of any savings account<\/span> pursuant to a written withdrawal application by a savings account<\/span> holder for a period exceeding 30 days following the receipt of such application without first securing written permission from the Commissioner<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The holder of a federal tax and loan account or note account as defined in regulations of the U.S. Treasury Department or other federal agency shall have the right of immediate withdrawal of all or any part of such account. In no event shall a savings institution<\/span> delay or postpone the whole or partial payment of such an account pursuant to a written application by the account holder. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRULES GOVERNING WITHDRAWAL (\u00a7 6.2-1167)\n\nA. The holder of a savings account in a savings institution shall have the right\nto withdraw all or any part of his account. A savings institution shall have the\nright to establish the rules governing the withdrawals and may from time to time\nfix the period of notice required to be given for withdrawal. In no event shall\na savings institution delay or postpone the whole or partial payment of the\nvalue of any savings account pursuant to a written withdrawal application by a\nsavings account holder for a period exceeding 30 days following the receipt of\nsuch application without first securing written permission from the\nCommissioner.\n\nB. The holder of a federal tax and loan account or note account as defined in\nregulations of the U.S. Treasury Department or other federal agency shall have\nthe right of immediate withdrawal of all or any part of such account. In no\nevent shall a savings institution delay or postpone the whole or partial payment\nof such an account pursuant to a written application by the account holder.\n\nHISTORY: Code 1950, \u00a7 6-201.21; 1960, c. 402; 1966, c. 584, \u00a7 6.1-148; 1972,\nc. 796, \u00a7 6.1-195.21; 1979, c. 76; 1985, c. 425, \u00a7 6.1-194.50; 1990, c. 3;\n1991, c. 230, \u00a7 6.1-194.134; 2010, c. 794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}