Va. Code Ann. § 6.2-706
This is the official text of Va. Code Ann. § 6.2-706, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Cooperative agreements with other regulatory authorities
Official statutory text
Prior to approving the acquisition of any Virginia bank or Virginia bank holding company by any out-of-state bank holding company, or the acquisition of any out-of-state bank or out-of-state bank holding company by any Virginia bank holding company, the Commission shall enter into cooperative agreements with the appropriate regulatory authorities for the periodic examination of any out-of-state bank holding company that has a Virginia bank subsidiary, or any subsidiary of such holding company. The Commission may accept reports of examination and other records from such authorities in lieu of conducting its own examinations.
1985, c. 544, § 6.1-404; 1994, c. 351 ; 2010, c. 794 .
1985, c. 544, § 6.1-404; 1994, c. 351 ; 2010, c. 794 .
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