Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-194.75 Regulations to permit state associations to have powers comparable to federal savings institution...

§ 6.1-194.75. Regulations to permit state associations to have powers comparable to federal savings institution...

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

(1985, c. 425.)

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Last modified: April 2, 2009