Acquisitions of Interests in Financial Institutions

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This is Chapter 7 of the Code of Virginia, titled “Acquisitions of Interests in Financial Institutions.” It 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 16 sections.

§ 6.2-700	Definitions
§ 6.2-701	Presumptions regarding control of entities, ownership of shares, and activities of subsidiaries or other entities
§ 6.2-702	Registration; authority to transact business
§ 6.2-703	Acquisition of interest in entity other than financial institution by financial institutions
§ 6.2-704	Acquisition of interests in financial institutions and financial institution holding companies; application; notice; Commission approval required
§ 6.2-705	Investigation of application
§ 6.2-706	Cooperative agreements with other regulatory authorities
§ 6.2-707	Reports and examinations
§ 6.2-708	Unsafe or unsound practices; cease and desist orders
§ 6.2-709	Conformity with federal forms
§ 6.2-710	Regulations excluding financial institution holding companies from this chapter
§ 6.2-711	Civil penalties; injunction
§ 6.2-712	A savings institution holding company seeking to acquire a bank or bank holding company deemed a bank holding company
§ 6.2-713	Applicable laws and regulations
§ 6.2-714	Examinations of out-of-state bank holding companies and subsidiaries; reports; joint actions
§ 6.2-715	Notice of intent to acquire out-of-state bank