Foreign Savings Institutions; Acquisitions by Out-Of-State Savings Institutions or Out-Of-State Savings Institution Holding Companies

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This is Article 5 of the Code of Virginia, titled “Foreign Savings Institutions; Acquisitions by Out-Of-State Savings Institutions or Out-Of-State Savings Institution Holding Companies.” It is part of Chapter 11 “Savings Institutions”, which is part of Subtitle II “Depository Institutions and Trust Organizations”, which is part of Title 6.2 “Financial Institutions and Services”.

It’s comprised of the following 18 sections.

§ 6.2-1148 Definitions
§ 6.2-1149 Foreign savings institutions; certificate of authority
§ 6.2-1150 When operation of foreign savings institution in the Commonwealth is prohibited
§ 6.2-1151 Applicability of Virginia Stock and Nonstock Corporation Acts
§ 6.2-1152 Law applicable to contracts of foreign savings institutions
§ 6.2-1153 Examination and supervision of foreign savings institutions
§ 6.2-1154 Revocation of certificate of authority of foreign savings institution
§ 6.2-1155 Unapproved foreign savings institutions
§ 6.2-1156 Activities that are not considered "doing business."
§ 6.2-1157 Acquisitions by out-of-state savings institution holding company
§ 6.2-1158 Acquisitions by out-of-state savings institution
§ 6.2-1159 Investigation of application; prescribed investigation period; shortening, lengthening or waiving of period; hearing; appeals
§ 6.2-1160 Notice of intent to acquire out-of-state savings institution
§ 6.2-1161 Applicable laws and regulations; enforcement by Commission
§ 6.2-1162 Periodic reports; interstate agreements
§ 6.2-1163 Application of article to bank or bank holding company
§ 6.2-1164 Acquisitions of state savings bank or holding companies by out-of-state financial institutions
§ 6.2-1165 Nonseverability