Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-225.3:1 Regulations to permit state chartered credit unions to have powers comparable to federal credit uni...

§ 6.1-225.3:1. Regulations to permit state chartered credit unions to have powers comparable to federal credit uni...

The Commission is authorized to adopt such regulations as may be necessary to permit state chartered credit unions to have powers comparable with those of federally chartered credit unions regardless of any then existing statute, regulation or court decision limiting or denying such powers to state chartered credit unions. The requirement of a public hearing shall not automatically apply to regulations promulgated under this section, but the Commission may have such hearings as it deems appropriate.

(1997, c. 111.)

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Last modified: April 2, 2009