Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-32.31 Title and purpose

§ 6.1-32.31. Title and purpose

A. This article may be cited as the "Multistate Trust Institutions Act."

B. It is the intent of this article to enable and promote the establishment of trust offices in other states by Virginia banks, trust companies and trust subsidiaries, and to permit out-of-state trust institutions, including without limitation national banks whose home state is other than Virginia, to engage in the trust business in this state, in accordance with the provisions set forth in this article.

(1999, c. 835.)

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Last modified: April 2, 2009