Va. Code Ann. § 6.2-853

This is the official text of Va. Code Ann. § 6.2-853, 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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Conditions for interstate merger

Official statutory text

An interstate merger transaction involving a Virginia bank shall not be consummated, and any out-of-state bank resulting from such a merger shall not operate any branch in the Commonwealth, if the Commission finds that the laws of the home state of any out-of-state bank involved in the interstate merger transaction do not permit interstate merger transactions or finds that the resulting out-of-state bank has not complied with all applicable requirements of any law of the Commonwealth.

1995, c. 301 , § 6.1-44.20; 2010, c. 794 .

Status: in_force · Read it on the official government site

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