Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-383 Acquisition of interest in company other than financial institution by financial institution...

§ 6.1-383. Acquisition of interest in company other than financial institution by financial institution...

No financial institution shall acquire more than five percent of the voting shares or otherwise gain control of any company other than a financial institution without prior notice to the Commission.

(1978, c. 683; 1983, cc. 193, 194.)

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Last modified: April 2, 2009