{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1170.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1170.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1170.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1170.html"}],"law_id":69447,"edition_id":1,"section_id":69447,"structure_id":14436,"section_number":"6.2-1170","catch_line":"Deposits of federal taxes and U.S. Treasury tax and loan accounts","history":"1979, c. 77, \u00a7 6.1-195.22:2; 1985, c. 425, \u00a7 6.1-194.53; 1990, c. 3; 1991, c. 230, \u00a7 6.1-194.135; 2010, c. 794.","full_text":"Savings institutions may:\n\n1\n\nServe as depositories for federal taxes and for U.S. Treasury tax and loan deposits;2\n\nSatisfy any requirements in connection therewith, including maintaining tax and loan accounts and note accounts, as defined by regulations of the U.S. Treasury Department or other federal agency;3\n\nPledge collateral; and4\n\nSatisfy the requirements of the U.S. Treasury Department in connection with such deposits.","order_by":null,"text":{"0":{"id":251139,"text":"Savings institutions may:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":251140,"text":"Serve as depositories for federal taxes and for U.S. Treasury tax and loan deposits;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":251141,"text":"Satisfy any requirements in connection therewith, including maintaining tax and loan accounts and note accounts, as defined by regulations of the U.S. Treasury Department or other federal agency;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":251142,"text":"Pledge collateral; and","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":251143,"text":"Satisfy the requirements of the U.S. Treasury Department in connection with such deposits.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"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 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beneficiary","url":"\/6.2-1178\/","token":"6.2\/II\/11\/6\/6.2-1178","metadata":false}],"previous_section":{"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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1170\/","history_text":"

This law was first created in 1979. The record of its establishment is cataloged in chapter 77 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1979 \u201cActs\u201d aren\u2019t available online. It has been modified 4 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 1985, chapter 425; in 1990, chapter 3; in 1991, chapter 230; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":264395,"object_type":"law","relational_id":69447,"identifier":"6.2-1170","token":"6.2\/II\/11\/6\/6.2-1170","url":"\/6.2-1170\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1170\/","token":"6.2\/II\/11\/6\/6.2-1170","dublin_core":{"Title":"Deposits of federal taxes and U.S. Treasury tax and loan accounts","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1170","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Savings institutions<\/span> may:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Serve as depositories for federal taxes and for U.S. Treasury tax and loan deposits; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Satisfy any requirements in connection therewith, including maintaining tax and loan accounts<\/span> and note accounts<\/span>, as defined by regulations of the U.S. Treasury Department or other federal agency; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Pledge collateral<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Satisfy the requirements of the U.S. Treasury Department in connection with such deposits. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEPOSITS OF FEDERAL TAXES AND U.S. TREASURY TAX AND LOAN ACCOUNTS (\u00a7 6.2-1170)\n\nSavings institutions may:\n\n1. Serve as depositories for federal taxes and for U.S. Treasury tax and loan\ndeposits;\n\n2. Satisfy any requirements in connection therewith, including maintaining tax\nand loan accounts and note accounts, as defined by regulations of the U.S.\nTreasury Department or other federal agency;\n\n3. Pledge collateral; and\n\n4. Satisfy the requirements of the U.S. Treasury Department in connection with\nsuch deposits.\n\nHISTORY: 1979, c. 77, \u00a7 6.1-195.22:2; 1985, c. 425, \u00a7 6.1-194.53; 1990, c. 3;\n1991, c. 230, \u00a7 6.1-194.135; 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}}