CODE OF VIRGINIA

MINIMUM CAPITAL REQUIREMENT (§ 6.2-1120)

A state savings bank shall comply with the applicable minimum capital
requirements of the Federal Deposit Insurance Corporation. The Commission may
impose such additional minimum capital requirements as it deems necessary in
order to insure the safe and sound operation of state savings banks.

HISTORY: 1991, c. 230, § 6.1-194.116; 2010, c. 794.