Chap. 9.—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, as heretofore amended, relating to the payment of forged or raised checks,
notes and acceptances. [SBZ

Approved February 11, 1946

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, ninetcen hundred twenty-eight, and known as the Vir-
ginia Banking Act, as heretofore amended, be amended and re-enacted,
as follows:
- Section 44. Payment of forged or raised checks, notes and ac-
ceptances ; liability of bank; notice to depositor; how given.—No bank
or trust company in this state, which has paid and charged to the ac-
count of the depositor any money on a forged or raised check, note or
acceptance payable at said bank or trust company, issued in the name
of the said depositor, shall be liable to said depositor for the amount paid
thereon, unless either (1) within ninety days after notice to said deposi-
tor 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 (2) 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, note or acceptance 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.