Chap. 18.—An ACT to amend and re-enact Section 44 of Chapter 507 of the Acts
of Assembly of 1928, approved March 27, 1928, and known as the Virginia
Banking Act, relating to the liability of banks for the payment of forged or
raised checks. [S 31}

Approved February 11, 1944

Be it enacted by the General Assembly of Virginia:

1. That section forty-four of Chapter five hundred seven of the Acts
of Assembly of nineteen hundred twenty-eight, approved March twenty-
seventh, nineteen hundred and twenty-eight, and known as the Virginia
Banking Act, be amended and re-enacted, as follows:

Section 44. Payment of forged or raised check; liability of bank;
notice to depositor ; how given.—No bank or trust company in this State,
which has paid and charged to the account of the depositor any money
on a forged or raised check, issued in the name of the said depositor, shall
be liable to said depositor for the amount paid thereon, unless either
(one) within ninety days after notice to said depositor that the vouchers
representing payments charged to the account of said depositor for the
period during which such payment was made are ready for delivery, or
(two) in case no such notice has been given within ninety days after the
return to said depositor of the voucher representing such payment, said
depositor shall notify the bank or trust company in this State that the
check so paid is forged or raised. The notice referred to in this section
may be given by mail to said depositor, at his last-known address, with
postage prepaid.