§ 6.1-44.20. Conditions for interstate merger
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 Virginia, 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 Virginia law.
(1995, c. 301.)
Sections: Previous 6.1-44.13 6.1-44.14 6.1-44.15 6.1-44.16 6.1-44.17 6.1-44.18 6.1-44.19 6.1-44.20 6.1-44.21 6.1-44.22 6.1-44.23 6.1-44.24 6.1-44.25 6.1-45 6.1-46 NextLast modified: April 2, 2009