Foreign Savings Institutions; Acquisitions By Out-of-state Savings Institutions Or Out-of-state Savings Institution Holding Companies.
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 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 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