§ 6.1-194.110. Definitions
As used in this article, the following definitions shall apply unless a different meaning is required by the context:
"Savings bank" means a savings institution specifically chartered under the laws of the Commonwealth, another state or a territory of the United States, the District of Columbia, or the United States as a savings bank. The term savings bank does not include a savings and loan association or building and loan association.
"State savings bank" means a savings bank organized and incorporated under the provisions of this article. A state savings bank is a savings institution as defined in § 6.1-194.2 and shall be subject to the provisions of Articles 1 through 11 (§§ 6.1-194.1 through 6.1-194.107) of this chapter applicable to savings institutions except to the extent such provisions are in conflict with the provisions of this article. Except as otherwise provided in this article, a state savings bank shall not be subject to those provisions of this chapter applicable only to state associations.
"Federal financial institution" means a financial institution incorporated or organized in accordance with the laws of the United States.
"Financial institution holding company" has the same meaning as set forth in the first paragraph of § 6.1-381.
(1991, c. 230.)
Sections: Previous 6.1-194.103 6.1-194.104 6.1-194.105 6.1-194.106 6.1-194.107 6.1-194.108 6.1-194.109 6.1-194.110 6.1-194.111 6.1-194.112 6.1-194.113 6.1-194.114 6.1-194.115 6.1-194.116 6.1-194.117 NextLast modified: April 16, 2009