Banks

  1. Law
  2. Code of Virginia
  3. Financial Institutions and Services
  4. Banks

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Section
6.2-800

Definitions

Section
6.2-801

Application of chapter

Section
6.2-802

Effect of chapter on certain banks

Section
6.2-803

Entities authorized to engage in banking business

Section
6.2-804

Amendment of powers of state banks by regulation of the Commission

Section
6.2-805

Commission authorized to confer on state banks power to make charges comparable to those permitted to national banking associations

Section
6.2-806

Saturday closing of banks

Section
6.2-807

Discoverability or admissibility of compliance review committee documents

Section
6.2-808

Incorporation; corporate powers

Section
6.2-809

Bankers' banks

Section
6.2-810

Effect of chapter on charter powers

Section
6.2-811

Membership in Federal Reserve Bank System or Federal Home Loan Bank System

Section
6.2-812

Inspection of records, reports, and information of insured banks

Section
6.2-813

Participation by banks in school thrift or savings plans

Section
6.2-814

Powers of banks

Section
6.2-815

Suspension of business during emergency

Section
6.2-816

Banks to obtain certificate of authority

Section
6.2-817

Capital stock subscriptions

Section
6.2-818

Repealed

Section
6.2-819

Authority to engage in trust business; permission of Commission required

Section
6.2-820

Powers of national banks as fiduciaries

Section
6.2-821

Separation of banking and trust functions; establishment of trust department

Section
6.2-822

Merger and share exchange by state banks

Section
6.2-823

Conversion of national banking association to state bank; certificate of authority

Section
6.2-824

Status of converted bank

Section
6.2-825

State bank becoming national bank; notice required; effect on liabilities

Section
6.2-826

Effect of conversion of state bank to national bank

Section
6.2-827

Rights of national bank stockholders dissenting from conversion

Section
6.2-828

Conversion of state bank to federal savings institution

Section
6.2-829

Conversion from state savings bank to state bank; conversion from state bank to state savings bank

Section
6.2-830

Conversion from stock association to bank; conversion from bank to stock association

Section
6.2-831

Establishment of branch banks; redesignation of main office

Section
6.2-832

Establishment of automated teller machines and electronic terminals

Section
6.2-833

Bank agent for depository institution

Section
6.2-834

Operation of branch office under different name; civil penalty

Section
6.2-835

Banking facilities in certain hospitals or federal areas

Section
6.2-836

Definitions

Section
6.2-837

Interstate branching by Virginia state banks

Section
6.2-838

Interstate branching

Section
6.2-839

Interstate branching through the acquisition of a branch

Section
6.2-840

Filing requirements

Section
6.2-841

Repealed

Section
6.2-842

Powers

Section
6.2-843

Examination; periodic reports; cooperative agreements; assessment of fees

Section
6.2-844

Enforcement

Section
6.2-845

Additional branches

Section
6.2-846

Regulations; fees

Section
6.2-847

Notice of subsequent merger or other transaction

Section
6.2-848

Repealed

Section
6.2-849

Definitions

Section
6.2-850

Authority to branch outside the Commonwealth by merger

Section
6.2-851

Interstate merger transactions and branching permitted

Section
6.2-852

Filing requirements

Section
6.2-853

Conditions for interstate merger

Section
6.2-854

Powers

Section
6.2-855

Examinations and periodic reports

Section
6.2-856

Cooperative agreements; assessment of fees

Section
6.2-857

Enforcement

Section
6.2-858

Regulations; fees

Section
6.2-859

Notice of subsequent merger

Section
6.2-860

Bank to be managed by board of directors; number of directors

Section
6.2-861

Application of Virginia Stock Corporation Act

Section
6.2-862

Directors to own stock in bank

Section
6.2-863

Oaths of directors

Section
6.2-864

Report to Commission of election of director

Section
6.2-865

Removal of director or officer; appeals; penalty

Section
6.2-866

Meetings of board of directors

Section
6.2-867

Discount by officer, director, or employee of paper refused by bank

Section
6.2-868

Bonds required of officers and employees; blanket bond

Section
6.2-869

Dividends; surplus; undivided profits

Section
6.2-870

Limitation of amount invested in bank premises

Section
6.2-871

Investment in stock or securities of bank service corporations

Section
6.2-872

For what purpose banks may purchase, hold, and convey real estate

Section
6.2-873

Additional permissible investments in real estate

Section
6.2-874

Prohibited uses of bank's own stock; other investments or loans

Section
6.2-875

Limitations on obligations of borrowers

Section
6.2-876

Loans to executive officers or directors

Section
6.2-877

Overdrafts by bank officer or director

Section
6.2-878

Loans secured by real estate generally

Section
6.2-879

Certain loans not considered loans secured by real estate

Section
6.2-880

Construction loans

Section
6.2-881

Investment in reverse annuity mortgages

Section
6.2-882

Bank borrowing money or rediscounting its notes

Section
6.2-883

Acceptance of drafts or bills of exchange; issuance of letters of credit

Section
6.2-884

Ownership and lease of personal property

Section
6.2-885

Investment in stock or securities of controlled subsidiary corporations

Section
6.2-886

Regulation of controlled subsidiary corporations by Commission

Section
6.2-887

Insurance business of controlled subsidiary

Section
6.2-888

Real estate brokerage business of controlled subsidiary

Section
6.2-889

Required reserves

Section
6.2-890

Preferences by pledging assets

Section
6.2-891

Perfection of certain security interests

Section
6.2-892

Federal deposit insurance a credit towards certain required bonds

Section
6.2-893

Payment of balance of deceased person or person under disability

Section
6.2-894

Deposits in and withdrawals from accounts of convicts

Section
6.2-895

Repealed

Section
6.2-896

Deposits of minors

Section
6.2-897

Bank need not inquire as to fiduciary funds deposited in fiduciary's personal account

Section
6.2-898

Examinations

Section
6.2-899

Examination of affiliates

Section
6.2-900

Special examinations

Section
6.2-901

Assistance in making examinations

Section
6.2-902

Notice of examination

Section
6.2-903

Revaluation of assets after examination

Section
6.2-904

Report of examination; inspection and dissemination to directors

Section
6.2-905

Communications to board or executive committee

Section
6.2-906

Disclosure of irregularities; Commission's powers

Section
6.2-907

Reports of condition and other statements

Section
6.2-908

Fees for supervision and regulation and for certain examinations and investigations

Section
6.2-909

Assessment and payment of fees; lien

Section
6.2-910

Reduction of fees

Section
6.2-911

Examination of national banks

Section
6.2-912

Definition

Section
6.2-913

Closing bank; appointment of receiver

Section
6.2-914

Merger or transfer of assets of insolvent bank

Section
6.2-915

Protection of state deposits upon insolvency

Section
6.2-916

Appointment of receiver

Section
6.2-917

Execution of powers of sale by receivers

Section
6.2-918

Rights and powers of receivers generally

Section
6.2-919

Interest on deposits; distribution of surplus remaining after payment of depositors

Section
6.2-920

Proceedings to bar certain claims against banks in liquidation

Section
6.2-921

When publication of list of creditors unnecessary

Section
6.2-922

When publication once in two newspapers sufficient

Section
6.2-923

When claims barred

Section
6.2-924

Power of receivers to contract for loans and make investments

Section
6.2-925

Definitions

Section
6.2-926

Appointment of FDIC as receiver

Section
6.2-927

Transfer of title to bank assets

Section
6.2-928

Posting of notice; effect of posting notice

Section
6.2-929

Powers of receiver

Section
6.2-930

Emergency sale of assets

Section
6.2-931

Notice and proof of claim; notice of rejection of claim; petition for hearing

Section
6.2-932

Payment of claims filed after prescribed period

Section
6.2-933

Distribution of assets

Section
6.2-934

Receivership procedures involving assets held by closed bank as fiduciary

Section
6.2-935

Termination of executory contracts and leases; liability; extension of statute of limitations

Section
6.2-936

Subrogation to rights of bank depositors

Section
6.2-937

Destruction of records

Section
6.2-938

Engaging in banking business without authority; Commission may examine accounts of suspected person; penalty

Section
6.2-939

Unlawful use of terms indicating that business is bank; penalty

Section
6.2-940

Making derogatory statements affecting banks; penalty

Section
6.2-941

Use of bank name, logo, or symbol for marketing purposes; penalty

Section
6.2-942

False certification of checks; penalty

Section
6.2-943

Offenses by officer, director, agent, or employee of bank; penalties

Section
6.2-944

Officers, directors, agents, and employees violating or causing bank to violate laws; civil liability not affected

Section
6.2-945

Receiving deposit knowing bank to be insolvent; penalty

Section
6.2-946

Civil penalties for violation of Commission's orders

Section
6.2-947

Definitions

Section
6.2-948

Privilege for self-assessment reports

Section
6.2-949

Exceptions from self-evaluation privilege

Section
6.2-950

Effect on other privileges

Section
6.2-951

Definitions

Section
6.2-952

Conditions for a benefits consortium

Section
6.2-953

Benefits consortium and sponsoring association not subject to regulation or taxation as an insurance company