Code of Virginia · § 6.2-1109 — Representations that accounts are insured; misleading advertisements
6.2-1109. Representations that accounts are insured; misleading advertisements
A. A savings institution shall not make any representation, oral or written, that any of its accounts are insured or guaranteed unless such accounts are insured or guaranteed by an instrumentality of the United States or other insurer approved by the Commission.
B. A savings institution shall not publish any misleading advertisement.
History and annotations
Code 1950, § 6-201.53; 1960, c. 402; 1966, c. 584, § 6.1-183; 1972, c. 796, § 6.1-195.63; 1985, c. 425, § 6.1-194.92; 2010, c. 794.
Source captured 2026-09-25. Open the official source.