CHAPTER 273

An Act to amend and reenact § 2-20.1 of the Code of Virginia, relating to
Saturday closing by banks in certain counties and cities. P
[S 113]

Approved March 15, 1954
Be it enacted by the General Assembly of Virginia:

1. That § 2-20.1 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, including
national banking associations and federal reserve banks, located in a
county having a population of more than twenty-three thousand three hun-
dred thirty and less than twenty-three thousand three hundred ninety, or
any city having a population of less than five thousand seven hundred, or
located in a city of this State having a population in excess of two hundred
thousand according to the latest preceding United States census, or located
in a city any portion of which city is within five miles of a city of said size,
whether within or without this State or located in a city of the State having
a population of more than forty-five thousand and not more than fifty thou-
sand according to the latest preceding United States census, or in any city
having a population of more than twelve thousand two hundred but not
more than twelve thousand three hundred fifty, or any city of the State hav-
ing a population of more than thirty thousand and not more than forty
thousand, or in any city within five miles of a city of said size, or in any
county having a population of more than fourteen thousand nine hun-
dred and less than fifteen thousand one hundred, or in any county ad-
joining three cities, two of which have a population of more than eighty
thousand, or in any county adjoining three or more cities, one of which
has a population in excess of two hundred thousand lying wholly within
the State, or in any county having a population of more than thirty-
three thousand five hundred but less than thirty-four thousand, or in any
city having a population of more than nine thousand four hundred but less
than ten thousand four hundred, or in any county having a population of
more than eleven thousand five hundred, but less than twelve thousand, or
in a county having a population in excess of seventeen thousand but not in
excess of seventeen thousand five hundred, or in any city having a popu-
lation of more than eighty-five thousand but not more than two hundred
thousand or any bank in a city of said size having one or more branch
banks located in a town, any portion of which town is within five miles of
any such city, to permit any one or more or all its offices located in such
a city, town or county 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 performed 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 day and no
liability or loss of rights of any kind shall result from such delay.
2. An emergency exists and this act is in force from its passage.