CODE OF VIRGINIA

SUSPENSION OR PROHIBITION OF TRUST INSTITUTIONS (§ 6.2-1012)

The Commission may prohibit or suspend from engaging in trust business any (i)
trust company that fails to comply with any of the provisions of § 6.2-1005,
6.2-1006, or 6.2-1008; (ii) bank doing a trust business that fails to comply
with any of the provisions of § 6.2-821, 6.2-1005, 6.2-1006, or 6.2-1008; or
(iii) trust subsidiary that fails to comply with the provisions of § 6.2-1006
or 6.2-1008.

HISTORY: Code 1950, § 6-103; 1966, c. 584, § 6.1-32; 1974, c. 665; 2010, c.
794.