State banks and national banks treated the same in matter of taxation

1. Law
2. Code of Virginia
3. Taxation
4. Bank Franchise Tax
5. State banks and national banks treated the same in matter of taxation

In the event that any state or local tax is held by a court of competent jurisdiction to be invalid in its application to national banks, as a class, such tax shall not thereafter be assessed against state banks.

Code 1950, § 58-485.03; 1980, c. 578; 1984, c. 675.

Download our app to see the most-to-date content.