Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-32.44 Notice of subsequent merger, closing, etc

§ 6.1-32.44. Notice of subsequent merger, closing, etc

An out-of-state trust institution that maintains an office in Virginia under this article shall give at least thirty days' prior written notice (or in the case of an emergency transaction, such shorter notice as is consistent with applicable state or federal law) to the Commission of any merger, consolidation, or other transaction involving the trust institution which would cause any trust office operated by the institution in this state to be maintained by another trust institution or cause the operation of such an office to cease.

(1999, c. 835.)

Sections:  Previous  6.1-32.37  6.1-32.38  6.1-32.39  6.1-32.40  6.1-32.41  6.1-32.42  6.1-32.43  6.1-32.44  6.1-32.45  6.1-33  6.1-34  6.1-35  6.1-36  6.1-37  6.1-38  Next

Last modified: April 2, 2009