Va. Code Ann. § 6.2-927
Transfer of title to bank assets
Effective Jul 1, 20101983, c. 507, § 6.1-110.3; 2010, c. 794.
Upon the appointment of the FDIC as receiver, title to all assets of the bank shall vest in the FDIC without the execution of any instruments of conveyance, assignment, transfer, or endorsement.
1983, c. 507, § 6.1-110.3; 2010, c. 794.