Acquisition of interest in entity other than financial institution by financial institutions

  1. Law
  2. Code of Virginia
  3. Financial Institutions and Services
  4. Acquisitions of Interests in Financial Institutions
  5. Acquisition of interest in entity other than financial institution by financial institutions

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No financial institution shall acquire more than five percent of the voting shares or otherwise gain control of any entity other than a financial institution without prior notice to the Commission.

1978, c. 683, § 6.1-383; 1983, cc. 193, 194; 2010, c. 794.


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