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.
Va. Code Ann. § 58.1-1217, under Chapter 12. Bank Franchise Tax..
Va. Code Ann. § 58.1-1217
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.