2010 Code of Virginia
Title 6.2 - FINANCIAL INSTITUTIONS AND SERVICES.
Chapter 6 - Deposits and Accounts (6.2-600 thru 6.2-620)
6.2-600 - (Effective October 1, 2010) Checks on consumer deposit accounts to show date account was opened.

§ 6.2-600. (Effective October 1, 2010) Checks on consumer deposit accounts to show date account was opened.

A. For purposes of this section, "consumer deposit account" means a demand or other similar deposit account established and maintained by an individual with a financial institution and operated primarily for personal, family, or household purposes.

B. All checks, drafts, or similar negotiable or nonnegotiable instruments or orders of withdrawal which are drawn against funds held by a financial institution located in the Commonwealth in a consumer deposit account opened after December 31, 1981, shall clearly display on the face thereof the month and year in which the account was opened.

C. This section does not apply to:

1. Temporary checks, drafts, or similar negotiable or nonnegotiable instruments or orders of withdrawal; or

2. Any consumer deposit account where the applicant either (i) demonstrates through the production of monthly statements or (ii) represents in a writing that states it is made under penalties of perjury, that, for 12 months immediately preceding his application, he has had an account at the same or another financial institution.

D. No liability or penalty shall be imposed on any depositor, financial institution, or printer for an unintentional failure to comply with this section.

(1981, c. 214, § 6.1-2.9:2; 2010, c. 794.)