Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-194.27 Facilities associated with home or branch office

§ 6.1-194.27. Facilities associated with home or branch office

A state association or foreign savings institution authorized to transact business in the Commonwealth may establish without prior approval of the Commission a drive-in or pedestrian office opened in conjunction with an approved branch office of the institution, if such drive-in or pedestrian office is to be located within 500 feet of a public entrance of the approved office and closer to that entrance than to a public entrance of any other financial institution. The functions of such drive-in or pedestrian office shall be limited to the ordinary functions performed at a teller-window.

(1985, c. 425.)

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Last modified: April 2, 2009