Conversions, Reorganizations, Mergers, And Acquisitions.
This is Article 4 of the Code of Virginia, titled “Conversions, Reorganizations, Mergers, And Acquisitions..” It is part of Title 6.2, titled “Financial Institutions And Services.” It is part of Subtitle II, titled “Depository Institutions And Trust Organizations.” It is part of Chapter 11, titled “Savings Institutions.” It’s comprised of the following 9 sections.
- § 6.2-1139
- Conversion from mutual savings institution to stock institution
- § 6.2-1140
- Reorganization of mutual association into mutual holding company; approval by Commissioner; powers; issuance of stock
- § 6.2-1141
- Conversion of state savings institution into federal financial institution
- § 6.2-1142
- Conversion of federal financial institution into state savings institution or state bank
- § 6.2-1143
- Conversion from state savings bank to state association; conversion from state association to state savings bank
- § 6.2-1144
- Conversion from stock savings institution to bank
- § 6.2-1145
- Merger or consolidation of savings institutions
- § 6.2-1146
- State association or association holding company acquiring bank; association acquired by bank or bank holding company; merger or consolidation of association and bank
- § 6.2-1147
- Acquisition of control of state stock institution requires Commission approval