CHAPTER 2
An Act to amend and reenact § 2-20.1, as amended, of the Code of
Virginia, relating to permissive Saturday closing by banks.
H 26]
Approved February 5, 1962
Be it enacted by the General Assembly of Virginia:
1. That § 2-20.1, as amended, of the Code of Virginia, be amended and
reenacted as follows:
§ 2-20.1. It shall be lawful for any bank as defined in § 6-6, includ-
ing national banking associations and federal reserve banks, * to permit
any one or more or all its offices * to remain closed on any one or more
or all Saturdays, as the bank, by resolution of its board of directors, may
from time to time determine. Any Saturday on which an office of a bank
shall remain closed, as herein permitted, shall as to such office, constitute
a legal holiday, and any act authorized, required or permitted to be per-
formed at, by or with respect to any such office on a Saturday on which
the office is so closed, may be performed on the next succeeding business
aay and no liability or loss of rights of any kind shall result from such
elay.
2. An emergency exists and this act is in force from its passage.